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Greece Dismisses Rumors About Preparing IOUs to Pay Pensions

The Greek Finance Ministry dismissed a recent news article, which claimed that the government was preparing to pay state pensions with IOUs. The Greek newspaper...

Eurostat: Greek Pensions Average €882

Pensioners in Greece receive an average 882 euros per month, 713 euros from basic pension and 169 euros from supplementary pensions, while 12.4 percent live...

Greek Labor Minister: No Cutbacks in Pensions and Social Insurance

"The Government's stable efforts to defend Greece's interests and to reach a mutually acceptable deal  defines the possibilities for an agreement," Greek Labor Minister...

Tsipras: German Taxpayers are Not Paying for Greek Pensions

German taxpayers are not paying for Greek pensions and the creditors' insistence on pension cuts is inexplicable, Greek Prime Minister Alexis Tsipras told a...

Greek Labor Minister: No Cuts in Supplementary Pensions

"The discussion is still open on the collective negotiations and the minimum wage. This does not mean that the Greek government will not...

SYRIZA: Greece to Pay Salaries and Pensions Over Debt

SYRIZA's Central Committee and Parliamentary Group unanimously passed a resolution urging the Greek government not to submit to "memorandum-style" agreements. The resolution notes that the government...

Zero Deficit Clause in Greek Pensions Not Repealed, but Suspended

Social Security General Secretary Giorgos Romanias stated that the zero deficit clause in supplementary pensions will not be repealed, but it will be suspended...

Greek Dep FinMin: We Are €400 Million Short for April Wages, Pensions

Deputy Finance Minister Dimitris Mardas revealed on Wednesday that state coffers are 350-400 million euros short and the government will need extra funds to...