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Greek Retirees See Supplementary Pensions Cut Up to 50%

About 150,000 pensioners saw their supplementary pensions slashed by up to 50 percent when they went to the ATMs on Friday. This is the second...

Greek Gov't Considers Cutting Pensions in Exchange of Security Contribution Debts

The Greek government is considering to exchange debts from unpaid contributions to security funds with lower pensions for the self-employed. Those with outstanding security contributions...

Greeks See Wages and Pensions Slashed as New Round of Austerity Begins

The summer of 2016 turns out to be another summer of discontent for Greek pensioners and wage earners who see their incomes slashed, as...

Low Pensions Slashed by 48% for 148,000 Recipients in Greece

About 148,000 low pension recipients saw their pensions slashed in half after the new pension cuts went into effect as part of the fiscal...

Greece Cuts 200,000 Supplementary Pensions by 40%

A new ministerial decree posted on state website Diavgia on Tuesday night calls for cuts of up to 40 percent on supplementary pensions for...

Required Amendments in Pensions, Wages, Privatizations, Tabled in Greek Parliament

The Greek government on Wednesday night tabled in parliament all the amendments required by creditors in order to close the bailout program review. Legislation of...

Salaries, Pensions Not Excluded from Automatic Spending Cuts in Greece

Wages and pensions are not excluded from the automatic spending cuts the Greek government is obligated to make if it fails to reach fiscal...

Reactions: Greek MPs Vote on More Austerity Amid Strikes, Sit-Ins and Suspensions

The left-led SYRIZA government is rushing through a new wave of austerity measures ahead of a crunch Eurogroup meeting of eurozone creditors in Brussels...

Greece's Lenders Propose Drastic Cuts on Supplementary Pensions

Negotiations between Greece and its lenders continued on Saturday with the latter suggesting deep supplementary pension cuts and higher income tax on low and...

Schaeuble Says that Greece Must Find Alternatives If It Can't Cut Pensions

German Finance Minister Wolfgang Schaeuble made several statements on Wednesday regarding Greece's negotiations with the creditors as well as the sustainability of the country's...