SUMMARY: This article discusses a welfare policy proposed by the Greek government that would create a basic income for people between the ages of 50-65 during periods of joblessness. The proposed policy was included as an option in a letter sent by the country’s Finance Minister to the European Commission. The article then discusses the concept of basic income more generally and the basic income initiatives that have occurred in other countries.
Tomas Hirst, “The Greek government is calling for a radical new ‘basic income’ welfare policy” Business Insider. February 24, 2015
