Code of Ethics for Bankers: Panacea for debtors or simple wish list; | Print |
Wednesday, 19 July 2017 15:51

The prolonged crisis in the country has "forced" the Bank of Greece (BoG) to regulate Banking - Loan Relations, which today confirm the need to make the most possible effort for the loan relationship to be kept in view of the adverse economic environment. Thus, pursuant to article 1 par. 2 and 4 of Law 4224/2013, as amended by article 12 of Law 4281/2014 and article 98 of Law 4389/2016, the Credit and Insurance Committee of the Bank of Greece, during the meeting no 195 / 29-7-2016  decided to revise the Code of Ethics for the management of non-performing loans for individuals and businesses, which entered into force initially on 31.12.2014 and has already been amended twice with corresponding decisions of the Credit and Insurance Committee Issues with no. 129/2 / 16.2.2015 (Government Gazette B '486 / 31.3.2015) and 148/10 / 5.10.2015 (Government Gazette B' 2219 / 15.10.2015). 

Specialized seminar on legal update on Insurance and Labour for Culture | Print |
Monday, 19 June 2017 06:54

Αποτέλεσμα εικόνας για πολιτισμόςProf. em. Dr. Konstantinos D. Kremalis, Managing Partner at KREMALIS Law Firm and Chairman of the Insurance, Social Security & Labor Affairs Committee, in cooperation with Mrs. Zozo Lidoriki, Chairman of Culture Committee of the American-Hellenic Chamber of Commerce (Amcham), have organized a Legal briefing regarding Insurance and Labor Matters, exclusively for  cultural industries.

The postponed retirement expectation of the active members of the United Supplementary Insurance and Lump-sum Benefits Fund (in greek ETEAEΠ) | Print |
Friday, 16 June 2017 06:53

Αποτέλεσμα εικόνας για συνταξιοδοτική προσδοκίαAs it is well known, the existing general supplementary pension fund (in greek ETEA) has already been transformed to a new united institution, now renamed ETEAEΠ, by Law 4387/2016, after the integration of the remaining insurance sectors. Although, according to the declaration, this conversion took place with a view to increasing the supplementary insurance reserve fund and ensuring its sustainability, it seems that, until today, it has under-produced in its function, given that the high unemployment rates and the earlier significant deficits of the integrated subsidiary funds make the super-fund a “hostage”, concerning the smooth completion of its mission, even contradicting  the most optimistic supporters of the reform of the supplementary system.

The reduction of pensions did not contribute in rescuing of Social Security | Print |
Tuesday, 06 June 2017 10:55

Αποτέλεσμα εικόνας για μειώσεις συντάξεωνIn an interview with, Emeritus Professor of Social Security Law, a lawyer at the Supreme Court and Chairman of the Committee of Insurance and Labor Affairs of the Greek-American Chamber of Commerce, Kremalis D. Konstantinos, pointed out that in order to rehabilitate the country's pension system by cutting benefits, there is a need for parallel measures for economic development and for dealing with the demographic problem. Unless this combination is coordinated, there is the risk, according to Mr. Kremalis, of having new interventions in the future, ie new cuts in pensions.


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Discussion Workshop “Social Security, Business Environment, Work Relations” Wednesday 7th of June 2017, Athens | Print |
Tuesday, 30 May 2017 13:16

Αποτέλεσμα εικόνας για Κοινωνική Ασφάλιση, Επιχειρηματικό Περιβάλλον, Εργασιακές ΣχέσειςProfessor Emeritus Dr Konstantinos D. Kremalis, Chairman of the Committee of Insurance and Labor Affairs of the Hellenic-American Chamber of Commerce, and its members organize on Wednesday, 7 June 2017 – a special Discussion Workshop on “Social Security, Business Environment, Work Relations” at the Great Britain Hotel (Golden Hall).


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