Cut in so­cial se­cu­rity pay to cre­ate jobs

Kathimerini English - - Front Page -

La­bor Min­is­ter Yian­nis Vrout­sis told a con­fer­ence in Athens on Thurs­day that re­duc­ing so­cial se­cu­rity con­tri­bu­tions by 3.9 per­cent would help to cre­ate 30,000 jobs, but con­ceded that ac­tu­ally mak­ing that hap­pen would not be easy.

Ad­dress­ing an event ti­tled “Un­em­ploy­ment: So­cial and Eco­nomic Prob­lem” and or­ga­nized by the Center of Plan­ning and Eco­nomic Re­search (KEPE), Vrout­sis said that the mea­sures would be grad­u­ally in­tro­duced from 2016, and not im­me­di­ately as Fi­nance Min­is­ter Yan­nis Stournaras had im­plied in a re­cent tele­vi­sion in­ter­view.

“This is no easy propo­si­tion. We have to find fis­cal equiv­a­lents,” the min­is­ter said, with­out spec­i­fy­ing which em­ployer con­tri­bu­tions and which so­cial se­cu­rity ben­e­fits would be re­duced.

Vrout­sis also an­nounced that pro­grams for the em­ploy­ment of 73,000 young un­em­ployed would start within Jan­uary.

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