Guess who's paying the piper?

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YoMo2
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Guess who's paying the piper?

Postby YoMo2 » Wed Dec 21, 2016 11:45 am

Well, yes, of course, those at the bottom of the pile again.

http://www.ekathimerini.com/214762/article/ekathimerini/business/ekas-allowance-to-be-cut-by-half

At first sight this seems appalling, and it has been discussed here and elsewhere before. Where I'm slightly uncomfortable taking a position on it, is that nowhere do we seem to see any actual figures. Yes, they say 50% cut, which seems huge. But cut from what to what? And what will they actually now be getting?

Does anyone know?

Andrew
"It's all in the implementation"

Carolina
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Re: Guess who's paying the piper?

Postby Carolina » Wed Dec 21, 2016 1:24 pm

Some info here http://www.keeptalkinggreece.com/2016/0 ... -6-months/

More details in the Greek press suggest those on a pension up to 7216 euros p.a. (515 euros per month plus 2 extra payments Christmas & Easter) receive 230 euros EKAS supplement. This will be reduced to 115 euros. Those on pension between 515 and 537 euros per month receive 172,50 EKAs & will be cut 50 % etc.. http://www.iefimerida.gr/news/308614/mi ... a-nea-posa

Point to bear in mind is that many Greek pensioners are on the minimum pension (392 euros per month?) and this (EKAS) is the only social benefit available to most of them, there are no allowances such as housing benefit etc.

Kilkis
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Re: Guess who's paying the piper?

Postby Kilkis » Wed Dec 21, 2016 1:44 pm

An article in News247 has figures for 2017 but it is not absolutely clear if these are after the changes reported in ekathimerini or before? The article appears to be dated today and carries a time of 08:00 so I am guessing these are the new figures but sometimes articles show today's date whenever they were actually written.

Basically if someone has a total income, i.e. all pensions, salaries, wages, other benefits or grants, of up to €7,216 per annum then they get an EKAS payment of €115 per month. As total income increases the amount paid reduces:

- From €7,216 up to €7,518, €86.25.
- From €7,518 up to €7,720, €57.50.
- From €7,720 up to €7,972, €28.75.

There are some other condition such as being 65 or over and total family income limits. Certainly not the super rich.

Warwick

YoMo2
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Re: Guess who's paying the piper?

Postby YoMo2 » Wed Dec 21, 2016 4:20 pm

Wonderful. So, assuming Carolina's figure of 392 for the minimum pension is correct, those poor souls have just had almost 19% knocked off their income. They were getting 622 including EKAS, now will get 507. Beggars belief that anyone, let alone a left wing government would allow these people to be targetted. Is it just me?

And how much will this actually save? Do we know? Probably not that much in the scheme of things.

Andrew
"It's all in the implementation"

Kilkis
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Re: Guess who's paying the piper?

Postby Kilkis » Wed Dec 21, 2016 5:59 pm

It is irrelevant whether Greece has a left, right or centre government. They are simply doing what the creditors tell them to. The Greek people have no influence whatsoever in elections in the creditor countries so the creditors couldn't care less what happens to the Greek people. Any politician is only ever interested in what his own voters think and, even then, not very much.

Warwick

mouche
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Re: Guess who's paying the piper?

Postby mouche » Wed Dec 21, 2016 7:02 pm

Whats the alternative as they no longer can borrow their welfare?


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