Greece: new turn of the screw affects pensions and hard work

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28 July 2011 à 08h22

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3 minutes

Publication: 28 July 2011 à 08h22

Reading time: 3 minutes

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Additional contributions.  The key measures of the new bill, which should pass smoothly under the emergency procedure, provides for cuts to pay and general and supplementary retirement pensions, including for sailors (a first in Greece), higher contributions for all professionals (liberal professions, traders and farmers), the introduction of a special unemployment tax and of new solidarity contributions for all.
Publication

28 July 2011 à 08h22

Reading time

3 minutes

Publication: 28 July 2011 à 08h22

Reading time: 3 minutes

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sures of the new bill, which should pass smoothly under the emergency procedure, provides for cuts to pay and general and supplementary retirement pensions, including for sailors (a first in Greece), higher contributions for all professionals (liberal professions, traders and farmers), the introduction of a special unemployment tax and of new solidarity contributions for all.

The key novelty of this bill is the application, as of August 1st, of a proportional tax on pensions: 3% for pensions amo

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