Social security contribution cuts in the works
The government is in the final stage of drafting a bill that, sources say, will reduce the social security contributions paid by some 250,000 selfemployed professionals, freelancers and farmers. The measure stems from pledges made by Prime Minister Alexis Tsipras at the Thessaloniki International Fair in September and is part of a list that, according to the latest draft budget for 2019, will be applied in the context of the scenario without the pension cuts. Although negotiations with the country’s creditors on the issue of the planned reduction of pensions are still ongoing, the government is determined to table the amendment for the reduction of contributions. Indeed, Deputy Minister to the Prime Minister Dimitris Liakos said this week that a decision to that effect has already been made, because “the new era” allows for lasting interventions.