Pensions

Greek Parliament debated a set of tough economic pension and tax reforms on Saturday and Sunday. The 300-strong Parliament voted for the bill with 153 in favor, 143 against. Ruling leftist SYRIZA Prime Minister Alexis Tsipras pointed to the hard work...

The left-led SYRIZA government is rushing through a new wave of austerity measures ahead of a crunch Eurogroup meeting of eurozone creditors in Brussels on Monday. Thousands of Greek protestors took to the streets ahead of a vote in...

Greece halted to standstill with a snap 48-hour public-sector strike on Friday and Saturday ahead of a vote by the country's left-led SYRIZA government on proposed tax changes late on Sunday. Amid the strike action, a bill discussed in...

An agreement between Greece and its lenders is possible, European Commission Vice President Valdis Dombrovskis said on Friday. In statements to Politico, he said that the Greek issue will be discussed on the sidelines of the IMF's Spring Meeting in...

Negotiations between Greece and its lenders continued on Saturday with the latter suggesting deep supplementary pension cuts and higher income tax on low and high incomes. The mission chiefs of the European Commission, European Central Bank, European Stability Mechanism and...

Greek Finance Minister Euclid Tsakalotos estimates that the text of the agreement with creditors will be ready by Tuesday and it will be signed by Easter time. According to the finance ministry, the technical teams have agreed on the income...

"Their pension scheme is going right into the wall the way it is now, and they know it," said International Monetary Fund Managing Director Christine Lagarde. In an interview during the 2016 Women in the World Summit in New...

The number of people who cashed in savings-based insurance policies early reached a record high in 2015, showing the decline of the insurance market in Greece, a Kathimerini report says. As disposable incomes dwindle after the onset of the economic...

The Greek side will implement the measures agreed on, "nothing less, nothing more," Prime Minister Alexis Tsipras said on Wednesday at the party's political secretariat meeting. According to party's sources, Tsipras underlined that the immediate conclusion of the program review...

One in two Greeks owes money to the state totaling 86.298 million euros in taxes, security fund contributions and penalties, according to the General Secretariat for Public Revenue. Figures show that 84.9% of debtors -- or 3.6 million citizens --...