Pensions
Greece
Vast Majority of Greeks Pessimistic Over Pension Prospects
The vast majority of Greek citizens in their 30s and 40s are very pessimistic over their pension prospects, a public opinion survey by "Interview" showed on Thursday.
Ninety-four percent of respondents in the survey said their pensions, in the next...
Greece
IMF Asks for Lower Tax-Free Threshold and Pensions
The International Monetary Fund (IMF) wants Greece to legislate a lower tax-free threshold and pensions which would be implemented in the “near future” and after the economy has started recovering, its spokesman Gerry Rice said at a regular press...
Economy
Greece to Propose Lowering Tax-Free Threshold to Avoid Pension Cuts
Greece is to lower the tax-free threshold for low incomes in order to close the evaluation of the bailout program, a Kathimerini report says.
The proposal for lowering the tax-free threshold to incomes of 6,000 euros per year and above...
Greece
What the SYRIZA Government Promised and Never Delivered to Greek People
It was exactly two years ago when Alexis Tsipras became the youngest and first leftist prime minister of Greece, an event that filled the 2.25 million Greeks who voted for him with optimism because of his grandiose promises and...
Economy
Two Years of SYRIZA Administration for Greece Means Two Years of Stagnation
As Alexis Tsipras and his administration celebrate two years in power today, one wonders where Greece would have been if it wasn't for these two years of procrastination, austerity and deepening recession. And shameless lies, too many to list.
On...
Economy
ND Says Tsakalotos' Letter to Institutions Is a 'Humiliating Apology'
Main opposition New Democracy attacked the government on Monday, accusing it of "hypocrisy," while noting that a letter sent by Finance Minister Euclid Tsakalotos to the institutions was essentially a "humiliating letter of apology."
In order to persuade the European...
Economy
What Most Greeks Realistically Wish for 2017
Usually the coming of the New Year is a time of optimism, a time of wishes and resolutions, a time to get rid of the old and start anew.
Yet, for most Greeks 2017 looks like a year that shouldn't...
Economy
Differences Over Greece Between IMF-European Commission Intensify
The International Monetary Fund responded via their blog to European Commission leaks, which disputed the IMF's calculations on pensions and taxation in Greece.
In this context, the IMF answered to questions posed by Greece's European creditors:
1. The question whether it...
Economy
Greek Pensioners Protest While Parliament Discusses One-off Bonus
About 4,000 pensioners on Thursday demonstrated outside the Greek Parliament while lawmakers were voting for the one-off bonuses Prime Minister Alexis Tsipras has promised.
As a sarcastic response to the prime minister's proposal, some protesters distributed napkins resembling banknotes. The...
Economy
New Pensions in Greek Public Sector Will be Slashed 15%-25%
Greek public sector employees and military staff who are about to retire will see that the new pensions will be 15 to 25 percent lower than expected.
A new circular distributed by the General Accounting Office shows in detail the...