Greece
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Pensions

Study Finds Greece's Social Handouts at EU Average, but Unequally Redistributed

The European Statistics Agency Eurostat published an interesting study recently about the levels of social protection across the European Union. The study presents valuable information not only about the total expenditure each member state spends to protect the most vulnerable in...

Pensioners Now Greece's Largest Group Among Taxpayers

According to the latest data made recently available by Greece's Independent Authority for Public Revenue, pensioners are now the largest single group of taxpayers in Greece. In nine out of the thirteen regions of the country, pensioners now constitute the...

Greek Pensioners Rally Against Austerity

Hundreds of pensioners took to the streets of Athens on Saturday to protest against austerity and falling living standards. With the motto "We claim what was taken away from us," pensioners from around the country rallied at Klafthmonos Square. Later...

EU: Decision on Greek Pensions Expected in Mid-November

The decision on whether Greece will have to implement previously agreed-upon pension cuts will likely be made in mid-November, according to a report on Friday by Greek daily Kathimerini, quoting a senior EU official. The official said an additional Eurogroup...

Study: Greece's Population to Decrease Dramatically

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 Civil Servants Call 24-Hour Strike Over Pay, Pensions

ADEDY, Greece’s largest public sector union will stage a 24-hour walkout on November 14 to demand wage and pension increases, hirings and tax cuts. “Now that we’ve become a normal country with a normal government which is no longer supervised...

Germany Puts Plans to Postpone Greek Pension Cuts On Ice

The saga over whether pensions in Greece will be slashed or not from January 1 took another twist as Germany signaled that the decision will not be reached until December. Athens argues it has enough fiscal leeway to unwind cuts...

Greek Pension Cuts: Decision to Be Made by December, According to EU Official

According to Eurozone officials, the decision regarding the issue of the scheduled for January 2019 Greek pension cuts will be made in December, after a full examination of Greece's budget draft for 2019. This issue is not included in the...

'No Agreement For Cancellation of Pension Cuts' Greek Government Source Says

A high-ranked source from within the Greek Government has denied the claims that Athenian and Macedonian News Agency's report made regarding an alleged deal between the Greek Authorities and the European Institutions regarding the issue of the upcoming pension cuts...

EU Commission on Greece's Pensions Cuts: Apply What Has Been Agreed

The European Commission has dismissed the report by the Athens-Macedonian News Agency (AMNA) that claimed that Greece's creditors have agreed to cancel the pension cuts due to come into effect in January. Commission spokesman Alexander Winterstein, asked to comment on...