Greece

Hundreds of pensioners protested in central Athens on Thursday against the new reduction in the pensions and cuts in health benefits. The elderly protesters marched toward the ministry of Health demanding a review of the cuts they say are included...

Insurance funds will proceed to reductions in pensions and benefits, because of the adverse financial conditions caused by recession and unemployment. According to the head of the federation of employees in Greece, the average pension will suffer a reduction of...

The Greek government plans to cut lump-sums paid to civil servants on retirement by more than a fifth, according to the civil servants’ union, which said it will resist the measure. The one-time pension payments are set to fall by...

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...

As elderly Greeks face losing up to €350 ($416) per month when new pension cuts are implemented as of Jan. 1, 2019 a government minister has confirmed that pensions under €1,000 will also be included. Deputy Minister for Social Security Tasos Petropoulos...

Greeks who have retired after May 13, 2016 are facing cuts to their pensions, a new circular issued by the Labor and Social Security Ministry on Thursday. There are some 55,000-60,000 newly retired Greeks that will see cuts averaging 15-20...

A new ministerial decree posted on state website Diavgia on Tuesday night calls for cuts of up to 40 percent on supplementary pensions for 200,000 pensioners. The decree was signed by Deputy Labor Minister Tasos Petropoulos and is published in...

Wages and pensions are not excluded from the automatic spending cuts the Greek government is obligated to make if it fails to reach fiscal targets in 2017. Greece has proposed to its lenders a mechanism that would automatically cut state...

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 judges continue to contest the government’s attempts to cut wages and pensions, something they have been doing at least since 2012. According to a report in the Greek daily To Ethnos, a new court ruling challenging the legality of...

Greece's Labor Minister Giorgos Katrougalos confirmed that there will be cuts on pensions over 1,000 euros, when initially it was said that only pensions over 1,500 euros would be affected. On Wednesday the minister said that his ministry will do...

Labor Minister Giorgos Katrougalos admitted on Thursday that there will be cuts on supplementary and high pensions. Katrougalos spoke to realfm radio and stated that it is impossible not to have any pension cuts because the bailout agreement requires a...

"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...

Greece's Prime Minister Kyriakos Mitsotakis announced on Saturday evening that Greek expatriates will obtain the right to vote in Greece's elections using absentee ballots, during the official inauguration of the 84th Thessaloniki International Fair (TIF). PM Mitsotakis presented what he...

The proposed law which includes an amendment to block the already-legislated cuts to pensions in 2019 will be tabled and voted on in the Greek Parliament by next week. According to state-run news service AMNA, the vote is likely to...