Gov't aims to use forecast 1.1 bln€ social security surplus as argument to avoid looming pension cuts

12:42 3/10/2018 - Πηγή: Ναυτεμπορική

A forecast by Greece's labor and social insurances ministry that the new social security umbrella organization (EFKA) will post a 1.1-billion-euro surplus in 2018 is expected to provide the Tsipras government with a potent argument in its efforts to persuade creditors to acquiescence to a suspension of scheduled pension cuts in January 2019.