ECONOMY

EFKA revenues down 180 mln euros

EFKA revenues down 180 mln euros

Provisional data from the General Secretariat for Social Security show that February’s payments to the Single Social Security Entity (EFKA) came to 165-170 million euros by the April 11 deadline, against a target of 252 million.

The second extension to the deadline for January’s payments by freelancers, self-employed professionals and farmers expired on March 31, with takings at 160 million euros.

In total, the first couple of months brought in between 320-330 million euros, against a target for 504 million. However, Labor Ministry officials are optimistic that March payments will help hit the Q1 target.