Sunday February 1, 2015 Search
Weather | Athens
16o C
13o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Coalition to announce by Friday how it will share out primary surplus

The government is expected to announce by Friday how it will share out the so-called “social dividend” from Greece’s 2013 primary surplus, sources have told Kathimerini.

After reaching a deal last week with the troika on the latest review of Greece’s adjustment program, Prime Minister Antonis Samaras pledged that some of the money that had been raised in excess of the lenders’ targets would be redistributed.

“More than 500 million euros will be given immediately to 1 million Greeks,” he said, noting that members of the police and security services on monthly salaries below 1,500 euros would be among those to benefit.

Another 20 million euros would go toward the growing ranks of the country’s homeless, Samaras said, adding that the state would pay an additional 1 billion euros in debts to suppliers than it had originally budgeted for this year while a further 1 billion euros would go toward reducing the country’s debt.

Greece has calculated its primary surplus for this year at 2.9 billion euros but its size is to be confirmed by the European Union’s statistics service Eurostat in April. After that, Greece will be able to distribute the promised handouts. The beneficiaries are expected to include more than 400,000 families on low incomes and some 300,000 pensioners.

Another 350 million euros from the surplus is to go toward plugging a gap in the country’s social security funds.

Government officials met on Monday to work on the details of how the social dividend would be shared out.

ekathimerini.com , Monday March 24, 2014 (13:37)  
Europe waits for proposals from Athens
Notes provide more clues on prison breakout scheme
Drug prices are falling but volume sold remains high
Tsipras plays down chance of rift
ECB’s Constancio signals Greek waiver may end if program dropped
Vitor Constancio signaled that the European Central Bank stands ready to end its acceptance of Greece’s junk-rated debt for bank funding if the government drops out of an aid program. If a n...
Greece starts countdown to cash crunch saying bailout over
Finance Minister Yanis Varoufakis set the clock ticking on Greece’s standoff with the euro area on Friday saying he’s ready to take his chances without a financial backstop rather than submi...
Inside Business
BASKETBALL
Panathinaikos preserves perfect home record
After yet another great performance at home, Panathinaikos defeated Galatasaray 86-77 in Athens on Friday to get to three wins in five games at the Euroleague top-16. The Greek champion shoo...
SOCCER
Gattuso: Unpaid OFI players couldn´t buy food
Former coach Gennaro Gattuso has lifted the lid on the plight of crisis-club OFI Crete which has been banned from playing in the Super League until it clears mounting debts with its staff. T...
Inside Sports
COMMENTARY
Unyielding truth
Finance Minister Yanis Varoufakis’s recent statement that “growth does not mean having Porsche Cayennes in the narrow streets of Greece” has made something of an impression and is now being ...
EDITORIAL
This is not a game
Greece’s negotiations with its partners and creditors must be conducted in such a way as to safeguard the country’s real economy, a vital sector which prior to the elections had appeared to ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Europe waits for proposals from Athens
2. Notes provide more clues on prison breakout scheme
3. Drug prices are falling but volume sold remains high
4. Tsipras plays down chance of rift
5. Ex-revenues chief Theoharis claimes political interference
6. Journalist to head Greece´s National Intelligence Service
more news
Today
This Week
1. US to work closely with Greece and EU to resolve differences, says White House
2. Merkel rejects debt writedown for Greece
3. Greek bank debt plummets as investors head for the exit
4. Greek markets plunge as SYRIZA digs in on challenge to austerity
5. Tsipras says Greece to repay ECB, IMF, reach deal with euro area
6. Greece seeks EU allies but Germany holds firm
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. SYRIZA's win will test institutions
4. Greek Elections 2015: The day after | LIVE
5. EU must accept that Greek debt relief is inevitable
6. Athens may veto further EU sanctions against Russia
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.