Pensioners

Greece is a country of unemployed people and pensioners, as only one in three Greeks is an active member in the economy, says a Tagesspiegel report. The German newspaper says that there is no light at the end of the...

Greek Minister of Labor, Social Security and Social Solidarity Giorgos Katrougalos admitted on television that supplementary pensions will be cut completely and the main pension will be 390 euros. Interviewed on Star television, Katrougalos said that the Greek government has...

Greek pensioners started lining up as early as midnight in order to get their pensions from 1,000 bank branches that would be open on Wednesday to service them specifically. The imposition of capital controls by the Greek government allows pensioners to...

The Greek government in collaboration with the Hellenic Bank Association have decided to reopen about 1,000 bank branches on Wednesday that will cater for pensioners who do not use or possess debit cards. Greece's Finance Ministry announced on Tuesday that the branches will...

The number of public sector pensioners reached 468,422 in 2014 and cost almost 6 billion euros, while 55.176 were added in the past five years, according to figures given by the General Accounting Office. The figures were presented to the...

Greece comes second on pension spending, according to an Organization for Economic Co-operation and Development (OECD) report. Greek pensioners, however, may have to wait up to three years until they get the first full pension check. The countries spending...

Australian pensioners residing in Greece stand to lose their disability allowance as Canberra prepares for further budget cuts. Some 7,300 Australian disability pensioners living overseas share A$100 million per year in benefits from Canberra. The most popular destination for Aussie pensioners to relocate is Greece,...

Northern European pensioners are creating an entire village in Northern Greece, in which young unemployed from Greece, Spain, Portugal and Italy will have the opportunity to live and work. The village is an idea of the ProWork initiative. The ProWork...

Τhe average pension granted by insurance funds reaches 694,56 euros, while the average of supplementary pensions reaches 178,48 euros. The scheme, Helios, was created after Greece carried out its first census of pensioners to eradicate false claimants. According to Helios' data...

In its monthly report on employment, wages, and taxes, GSEE, the General Union of Workers in Greece, claimed poverty is rising in unprecedented levels and that the tax system is stealing from the poor to give to the rich....