Friday October 24, 2014 Search
Weather | Athens
19o C
12o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Multi-bill tabled in Parliament

 Coalition concerned about provision for merging auxiliary pension funds as it will affect armed forces

The multi-bill of reforms needed for Greece to receive its next 1 billion euros in bailout loans and pave the way for the successful conclusion of the next troika review in September was submitted to Parliament Tuesday.

The government is aiming for the would-be legislation, which has been signed by 13 ministers and two alternate ministers, to be voted through the House by August 8. It runs to 216 pages and includes a wide range of provisions.

Among the new laws the bill seeks to introduce is one that foresees taxpayers or companies found guilty of tax evasion having their tax registration number suspended or withdrawn as punishment. The multi-bill also seeks the creation of 400 new posts for tax inspectors at the General Secretariat for Revenues.

The attempt to merge a number of auxiliary pension funds may prove one of the more contentious aspects of the multi-bill. It provides for a number of such funds, including those for armed forces personnel, joining the main auxiliary social security fund, ETEA. This will lead to the lump sum payments some retirees get being slashed by as much as half.

The government is concerned that this will further test its relationship with the armed forces after the coalition failed to adopt a court ruling instructing it to restore soldiersí, sailorsí and airmenís wages to the same level as they were in 2012.

Ministers deliberated some time over this measure, concerned that it will lead to a series of resignations among high-ranking officers seeking to secure their pensions before the cuts are implemented.

If passed, the bill will also lead to the creation of a five-member committee, consisting of two deputy parliamentary speakers, two high-ranking judges and a deputy governor of the Bank of Greece. The panelís job will be to examine the assets declared by ministers, MPs and other public figures in their derivation of wealth (pothen esches) forms.

Also contained in the multi-bill is legislation paving the way for the delineation of Greeceís coastline after the coalition abandoned a draft law relaxing restrictions on commercial activity next to the sea. It withdrew that bill from the House earlier this summer.

ekathimerini.com , Tuesday Jul 29, 2014 (20:53)  
Suspended policeman chief suspect in cousinís murder
Prescription fines since 2012 reach 2 bln, says minister
Driver who killed three pedestrians in central Athens remanded in custody
New Amphipolis finds taken to museum for preservation
Speculation mounts ahead of stress test result issue
A group of 25 banks have failed European health checks, while up to 10 of those continue to have a capital shortfall, two people familiar with the matter said on Friday, providing a snapshot...
S&P upgrades Cyprus on bailout deal commitment
Rating agency Standard & Poorís gave Cyprus a pat on the back with a one-notch upgrade to its credit grade, to B+, citing its commitment to the terms of its bailout program and better-than-e...
Inside Business
SOCCER
Panathinaikos snatches point at Eindhoven
Panathinaikos offered its fans a glimpse of its glorious past in European competitions snatching a draw at PSV Eindhoven, on an otherwise bad night for Greek soccer in the Europa League, as ...
BASKETBALL
Greens succumb to first loss at Bayern
Panathinaikosís unbeaten run in all competitions came an end on Thursday as the Greek champion lost 81-75 at Bayern Munich for the Euroleague. Bayern is a team that improves every year, and ...
Inside Sports
COMMENTARY
Tension for tensionís sake?
It is evident that Turkish President Recep Tayyip Erdogan feeds off tension. He would barely have achieved as much as he has Ė and prevailed Ė if he had not been so keen to confront a series...
EDITORIAL
Testing ground
The Regional Authority of Attica is a good testing ground for politicians who appear to thrive on accusations to prove whether they can actually solve major problems of a practical nature. T...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
†RECENT NEWS
1. Suspended policeman chief suspect in cousinís murder
2. Speculation mounts ahead of stress test result issue
3. S&P upgrades Cyprus on bailout deal commitment
4. Greek bonds extend first weekly advance since September
5. Weekly rise of 6.4 pct for ATHEX
6. Prescription fines since 2012 reach 2 bln, says minister
more news
Today
This Week
1. Woman killed in tram accident in Floisvo, south of Athens
2. Clocks to go back 1 hour on Sunday
3. Venizelos slams Turkey for 'flagrant violation of international law' off Cyprus
4. ECB vies for third time lucky in European stress tests
5. Cyprus GDP upgrade seen as boosting bailout exit plans
6. ECB bank assessment to show 6-billion-euro capital gap, Citi says
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Greeceís closed society is central to its current malaise
3. Coalition shooting itself in the foot
4. Greece must stick to reforms, says Schaeuble
5. At least 11 banks to fail European stress tests, three in Greece, report says
6. Cyprus to block Turkey's EU talks after EEZ violation
†††Find us ...
††... on
Twitter
†† ††... on Facebook ††
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.