OECD: Greeks Not as Lazy as Other Europeans Think
Latest data published by the Organization for Economic Co-operation and Development (OECD) regarding the average European citizens’ working hours, reversed the unflattering stereotype of the lazy Greeks, which the country’s ongoing economic crisis has left them with. Contrary to what...
Aging Population in Greece Raises Retirement Age to 70
As Greece is aging demographically, the retirement age will rise in the not so distant future, according to a recent study by the National Actuarial Authority. The study, that was submitted to the European Commission, also shows that the Greek...
To Fight Deficit Greek Retirement Age Must Rise To 82
New cuts in pensions are being projected for 2012, since insurance funds are facing a tremendous deficit of 4.5 billion Euros for 2011. Labour Minister George Koutroumanis did not hide any aspect of the dramatic situation the Greek people are...