Pensions

Pensioners in Greece receive an average 882 euros per month, 713 euros from basic pension and 169 euros from supplementary pensions, while 12.4 percent live below poverty level, according to Eurostat figures. Average pension in Europe ranges from 250 to 1,500 euros...

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...

"The Government's stable efforts to defend Greece's interests and to reach a mutually acceptable deal  defines the possibilities for an agreement," Greek Labor Minister Panos Skourletis on Monday stated to VIMA FM. Skourletis said that "we have reached a...

German taxpayers are not paying for Greek pensions and the creditors' insistence on pension cuts is inexplicable, Greek Prime Minister Alexis Tsipras told a German newspaper. "The insistence on exchange of arguments during negotiations is legitimate as long as there...

Greece's Court of Audit is about to rule that sons of deceased public sector employees, civil servants and military personnel would be eligible to receive a pension if they are not married. So far, the law applied only to unwed...

The Greek government made public the outline of the proposal to international creditors, including some concessions, with the belief that it is a realistic plan that would solve the debt problem and lead to economic growth. The eight points of...

As the number of pensioners in Greece increases rapidly, pension costs reach a 16-year high at 28 billion euros per year. While creditors press for pension cuts and a stop to early retirement, the cost of pensions puts security funds...

"The discussion is still open on the collective negotiations and the minimum wage. This does not mean that the Greek government will not proceed with the implementation of this particular commitment in any case," stated Greek Labor Minister...

The list of retired employees who have applied for pension is getting bigger each day reaching 250,000 applications, while the waiting period may reach up to five years for supplementary pensions. Applications are frozen because pension legislation is pending, while...

Deputy Finance Minister Dimitris Mardas revealed on Wednesday that state coffers are 350-400 million euros short and the government will need extra funds to pay wages and pensions at the end of April. Speaking at Mega television, Mr. Mardas said...