By Dimitris Katsaganis
In “lock down rates” are the income of the funds from contributions, despite the fact that the economy has “opened” since April, while positive performance in GDP is recorded.
And this is because insurance receipts from the private sector is lower not only compared to 2019, but even in relation to 2020.
Specifically, according to secure information of Capital.gr from competent executives with full knowledge of the collection flows of EFKA and other bodies (OAED, EOPYY), the income from the regular contributions of employees in the 10 months of 2021 (January-October 2021) amounted to 8.048 billion euros.
However, during the same period last year, revenue from the same field had risen to 8.311 billion euros.
In other words, decreased by EUR 263 million or 3.1%.
This is despite the fact that the forecasts, according to the report of the Ministry of Finance for the 2022 budget, state that this year GDP will increase by 6.9% (trend already reflected in GDP measurements) compared to last year.
Therefore, the income from the contributions of private sector employees not only does not follow the upward trends of GDP, but has the opposite (ie negative) direction.
In fact, they are below the level of 2020, when there was a recession of 9%.
Between 10 months 2020-10 months 2019 occurred reduction of 885 million euros or 9.6% (€ 9.196 billion – € 8.311 billion).
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Infogram
This means that The decrease in revenues from contributions to the private sector was almost the same as the decrease in GDP between 2019 -2020 (-9%).
It is worth noting that to the above amounts collected in the 10 months of 2019, 2020 and 2021 (€ 9.196 billion, € 8.311 billion and € 8.048 billion respectively) does not include emergency government “injections” to cover the contributions of employees, who during the outgoing year were suspended, joined the mechanism “Co-Work” and other support programs (eg subsidy of 100% contributions for 6-month employment of the unemployed), ie are “net” flows from the private sector, without any state aid intervention.
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Source From: Capital
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