Greece

pension

Labor Min Katrougalos Dismisses Report Over Levy on Pensioners

Greek Labor Minister George Katrougalos on Friday in statements to ANA-MPA dismissed a report in newspaper "Ta Nea" that a special levy will be imposed on pensioners. "The country's permanent power centers see their temporary status and react spasmodically ......

Greece Spends 4 Times More on Pension Benefits than Other EU Countries, Says an EU Parliament Task Force

A task force consisting of members of the European Parliament that belong to the European People’s Party met recently during a three day visit to Athens with various Greek officials, including Minister of Finance Euclid Tsakalotos, the Governor of...

Germany and IMF Pile Pressure on Greece to Adopt Tougher Pension Rules

Germany and the IMF appear to be unhappy with the Greek government’s pension reform plan, but details are still fuzzy. Greek Prime Minister Alexis Tsipras had been asked by Greece’s international creditors at the height of the crisis last summer...

Mario Draghi Responds to SYRIZA European MP's Claims

European Central Bank President Mario Draghi responded to SYRIZA's European Parliament Member; Kostas Chrysogonas via an open letter, Chrysogonas had made claims about the ECB's role in the Greek bailouts and posed questions about the “right to social security and the protection of...

Mature Pension Rights will Not be Affected, Say Labor Ministry Sources

Pension rights which have been secured by June 30, 2015 will not be affected by the new agreement between the government and Greece’s lenders and this is something which the institutions have accepted, Labor ministry sources said, after a...

Greece and Brussels Group to Resume Negotiations on Tuesday

Talks between the Greek government and the Brussels Group - the three institutions representing Greece's creditors - are to continue next Tuesday, it was announced. The technical talks were concluded in Brussels on Saturday night and will continue after Tuesday...

SYRIZA Tables Draft Law for Restoring Christmas Bonus for Low Pensions

Greek main opposition SYRIZA, in a proposal led by party leader Alexis Tsipras, tabled a draft law in Greek Parliament on Monday for restoring the 13th 'Christmas bonus' pension for pensioners receiving less than 700 euros per month. "SYRIZA is...

Under 1000 Euros The Majority of Pensions in Greece

Pensions in Greece have been reduced more than 30% during the last few years due to the measures implemented by the Memorandum. According to data from the Union of Social Security, 76.5% of main pensions are under 1,000 euros, while...

Woman Collects Dead Husbands Pension Illegally

A 63-year old woman is estimated to have put over 105,000 into her account, money of which was collected over 30 years of  illegally receiving her dead husband's  pension.........even though she was remarried. As it became known, the widow after...

IKA Pensions Halted for Greeks in Egypt

One hundred and fifty Greeks receiving low pension from the Greek Social Insurance Institute (IKA) remain unpaid. Those are Greeks that live in Cairo, Egypt’s capital. According to the announcement of Cairo’s Greek Community, IKA has halted payments for retirement...