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Greece Leads in Most Spent on Elderly Pensions Than Eurozone Counterparts

One of the biggest thorns in the negotiations between Athens and international bailout auditors is Greece's pension expenditure, highlights a Bloomberg report that presents...

Labour Ministry Amendment to Correct Problem with Index for Calculating Pensions

Greece's labour ministry on Friday tabled a last-minute amendment that aims to correct a problem that has arisen with the formula for calculating pensions,...

IMF Asks for Lower Tax-Free Threshold and Pensions

The International Monetary Fund (IMF) wants Greece to legislate a lower tax-free threshold and pensions which would be implemented in the “near future” and...

Euro Zone Freezes Debt Relief Measures after Tsipras' Steps on Pensions, Island VAT

Euro zone finance ministers on Wednesday decided to suspend short-term debt relief measures for Greece in response to extra spending on pensions announced by Greek...

Angry Greek Pensioners Rally to Protest Slashed Pensions

Thousands of angry pensioners gathered on Thursday morning at Kotzia Square in central Athens to protest their slashed pensions, burning the letters sent to...

Greece's Social Security Foundation (IKA) Seeks Help to Pay Pensions

Greece's Social Security Foundation (IKA) on Thursday is expected to seek approval for additional funding in order to pay pensions. The fund's reserves show a...