Greek pensions
Greece
Self-styled Anarchists Protest Social Security Reforms at Labor Ministry Branch
This morning the entrance to a branch of the Labor Ministry in Athens city center was blocked by a group of self-styled anarchists. In protest of the latest social security reforms, they have draped a banner on the front...
Economy
Greek Government Faces Two Fronts on Pension Reform Issue
The government of Alexis Tsipras has to fight on two fronts on the security funds issue: surging social reactions within Greece and the international creditors who insist on more pension cuts and restructuring of security funds.
The Panhellenic Confederation of...
Greece
New Democracy Leader on Social Security Proposal: Govt Punishing Working People
Greek main opposition New Democracy leader Kyriakos Mitsotakis, fresh from his victory in an internal party election for president, sharply criticized the SYRIZA-led government on Friday for crushing self-employed professionals, recently hired people and pensioners with its policies.
He made...
Economy
European Commission Official Calls Greek Pension Reform Proposal 'Ambitious'
A European Commission official who looked at the Greek proposal on pension reforms called it "ambitious," adding that further additions and changes might be needed.
The Commission official briefed the press in Brussels on the matter of the upcoming Greek bailout...
Economy
Reforming Greece’s Pension System Demands a Change of Economic Course
Greece’s Civil Servants' Confederation (ADEDY) has taken a public stance on the government’s plans to overhaul an ailing pension system that will surely annoy government officials and add to their worries that public opinion is increasingly questioning the legitimacy of...
Economy
'Black Hole' in Funds Causes Deficit in Pensions
The insurance funds’ deficit has reached 13.88 billion euros and it is threatening the pensions of Greek citizens. Out of the total 1 billion euros came from delayed lump sums, as well as main and supplementary pensions that the...
Greece
Greek Council of State Rejects 2012 Pension Cuts
The Greek Council of State, the country's top administrative court, ruled that main and supplementary pension cuts in the private sector that were enacted in 2012 are against Greece's Constitution and the European Convention on Human Rights.
According to the decision, private sector...
Economy
Greek Negotiations Resume Tuesday to Discuss VAT and Pensions
Negotiations between Greece and the Brussels Group will resume on Tuesday with value added tax and pension reforms as the main topics.
The Greek team will propose three VAT rates of 23%, 14% and 7%. Creditors, on the other hand, suggest...
Economy
Greek Govt Seeks Deal Amid Reactions from Party Hardliners
The Greek government's strategy in negotiations with creditors and the calculation of proposed measures in order to reach an agreement were the main issues in Wednesday's cabinet meeting headed by Prime Minister Alexis Tsipras.
However, party hardliners, the so-called Left...
Economy
44.8% of Greek Pensioners Live Below Poverty Line
It was revealed that 44.8% of Greek pensioners live below the poverty line with pensions that do not exceed 665 euros.
Furthermore, the vast majority disability of pensions amount to 250-540 euros, while finally 60% of pensioners in all categories...