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Greek Government to 'Freeze' Pensions Until 2022, as Creditors Require

Greece's creditors ask for the "freezing" of pensions for an additional year -- until 2022 instead of 2021 -- as a prerequisite to close...

Labor and Social Security Ministry Announces Cuts to New Retirees' Pensions

Greeks who have retired after May 13, 2016 are facing cuts to their pensions, a new circular issued by the Labor and Social Security...

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...

New Pensions in Greek Public Sector Will be Slashed 15%-25%

Greek public sector employees and military staff who are about to retire will see that the new pensions will be 15 to 25 percent...

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...

Greek Pensions and Labor Market Reforms to Be Discussed in 2nd Review Program

Measures concerning both the pension system and labor market reforms are expected to be the focus of talks during the second review of Greece's...

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...