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Greece Provides Reduction in Social Security Contributions

|Approved Changes|Greece
Greece

Greece has approved the law providing for a reduction in social security contributions from 1 January to 31 December 2021, which includes a combined reduction of 3% for private-sector employer and employee contributions. The 3% reduction is achieved through reductions in both employee and employer contributions for unemployment insurance and different contributions for the implementation of social policies, with a total reduction of 1.63% for employees and 2.27% for employers. All non-private…

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