pension system

A new scientific study about the population of Greece and its future prospects paints a dire picture of the country's future. The study, which was recently published and presented to the members of the Hellenic Parliament, shows that whatever the scenario,...

Greece's pension system is at risk as there are 360,000 pending applications for main pensions, supplementary pensions and retirement lump sums. According to an Ethnos newspaper report, the pending applications that are stuck in the security funds' drawers for three...

Greek Minister of the Interior and Administrative Reconstruction Panagiotis Kouroumblis expressed his confidence that the government will be able to pass the bill for overhauling Greece’s pension system during an interview to the radio station Athens 9.84. "Today, the government...

Representatives of Greece’s association of doctors met with the Minister of Labor to express their opposition to the government’s proposed pension reform plan, hoping that they could make a case for its withdrawal. Alas, their voices fell on deaf...

As the country is at present in the grips of strike over the government’s plan to proceed with further cuts in pension benefits and impose additional austerity, senior level government officials are pulling all the stops to reassure angry...

Pensions cannot be allowed to fall below the amount paid in contributions, Greek President Prokopis Pavlopoulos said on Monday after a briefing on the pension system reform proposal he received by relevant Labor Minister George Katrougalos. "The partners in the...

Ever since the Greek debt crisis erupted, back in late 2009, each successive government actively sought to defuse a sharp backlash against the bailout programs imposed on the country by the notorious trio of the International Monetary Fund (IMF),...

Greece needs to build a long-term, sustainable, less fragmented and more just pension system, European Commission Vice-President Valdis Dombrovskis told reporters on Monday. Dombrovskis spoke to the press on the sidelines of Monday's meeting of Eurozone finance ministers where Greece's...

Greek pensioners are privileged to receive 98 percent of their average income, a new study by the Organization for Economic Co-operation and Development shows. Only 7 percent of Greeks over the age of 65 live below poverty level, when the...

The protest rally that started at 11am on Wednesday at Syntagma square culminated with protesters trying to enter the parliament courtyard and the police pushing them out. Over 5,000 farmers, livestock breeders, fishermen and food producers gathered at least one...