The Greek social insurance on the brink

The Greek insurance system does not escape the throes of the economic situation of the country.

Unemployment (31.5%), uninsured employments, and losses in the "Social Insurance Institute" (a total of 60 billion USD in losses, lost profits and other expenses due to retirements) would be on the point of causing the collapse of the IKA, the largest social security organization in the country.

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