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Pensioners

Greece in Review: 2016

Several of the events that marked Greece in 2016 are like the ones that marked 2015, showing that political powers prefer to maintain the old, corrupt order.

Mitsotakis: Prospect of Elections Frightens Only the Prime Minister

Nobody apart from the prime minister, Alexis Tsipras, was particularly worried by the prospect of an election in Greece, main opposition New Democracy leader Kyriakos Mitsotakis said on Friday. "I think elections don't frighten anyone. They frighten Tsipras. I...

Creditors Decide to Delay Greek Debt Relief Measures

Greece's creditors decided on Wednesday to delay debt relief measures expecting a letter of commitment from the Greek government that the social aid measures taken are for one time only. Finance Minister Euclid Tsakalotos is due to send a letter...

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...

Greek Parliamentary Majority Votes in Favor of Tsipras' Pension Bonuses, Island VAT Decrease

A parliamentary majority on Thursday voted in favor of the one-off bonuses to low-income pensioners and VAT deductions on Aegean islands, with 196 votes out of 257. All the SYRIZA-ANEL coalition lawmakers voted in favor of the bills, something that...

Opposition Parties Criticize Greek Government Handouts

The announcement of Prime Minister Alexis Tsipras that 617 million euros will be given to low income pensioners and that Aegean islands handling migrant arrivals will have lower VAT was met with fierce criticism from opposition parties. "In the middle...

Greek Gov't Handouts to Pensioners, Islanders Not Discussed With Creditors

The Greek government has not asked for the creditors' approval to give out 617 million euros to low income pensioners because the money comes out of the surplus, said State Minister Alekos Flabouraris. Speaking on Alpha television on Friday morning,...

Tsipras Announces Extra Benefit for Low-Income Pensioners, Suspension of VAT Rise for NA Islands

Greek Prime Minister Alexis Tsipras announced on Thursday an extra benefit for low income pensioners and the suspension of an increase of the VAT on the islands of the northern Aegean while the refugee crisis continues. Speaking in a televised...

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...

Angry Greek Pensioners Rally to Protest Slashed Pensions

Thousands of angry pensioners gathered on Thursday morning at Kotzia Square in central Athens to protest their slashed pensions, burning the letters sent to them by the labor ministry. The pensioners, through their federation representatives, wanted to return the letter...