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Greece

Pensioners Now Greece's Largest Group Among Taxpayers

According to the latest data made recently available by Greece's Independent Authority for Public Revenue, pensioners are now the largest single group of taxpayers in Greece. In nine out of the thirteen regions of the country, pensioners now constitute the...

Greek Pensioners Rally Against Austerity

Hundreds of pensioners took to the streets of Athens on Saturday to protest against austerity and falling living standards. With the motto "We claim what was taken away from us," pensioners from around the country rallied at Klafthmonos Square. Later...

Greece's Pensioners Demonstrate Against New Cuts (video)

Hundreds of pensioners have taken to the streets of Athens to demonstrate against cuts to their pensions and health benefits. The protesters' march reached the Ministry of Finance, where a delegation presented their demands to officials. Greece’s three bailouts since 2010...

Greek Pensioners Face Losses of Up to €350 per Month in 2019 Cuts

Greek pensioners are about to lose up to €350 ($416) per month when new pension cuts are implemented as of Jan. 1, 2019. Finance Minister Euclid Tsakalotos has admitted that the new year will find Greek pensioners seeing cuts in...

Greek Pensioners Protest Deep Cuts in Pensions, Health Care

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...

Greek Pensioners Protest Cuts Outside Council of State Court Hearing

Hundreds of elderly Greeks protested against deep cuts to their pensions outside the country's top administrative court, which was hearing arguments on a motion to rule the 2016 labour bill unconstitutional. Pensioners have seen their benefits cut more than a...

Greek Pensioners Take to Athens Streets to Protest Cutbacks

Several hundred elderly Greeks shouting "shame" marched through Athens on Tuesday, protesting against deep cutbacks to pension payments ordered by the country's creditors. In weak autumn sun and a city teeming with tourists, pensioners took to the streets angered by...

More than 315,000 New Greek Pensioners Waiting for Payment

More than 315,000 pensions -- main and supplementary -- and retirement bonuses are overdue in Greece, according to a Kathimerini newspaper report. New pensions are one year overdue to recipients. The new pension laws, the merger of security funds, the...

Greek Labor Ministry: 1.2 Million Pensioners Live on Less than €500 a Month

The report of the Unified System of Control and Payment of Pensions "ILIOS" made public by the Labor Ministry shows that 1.2 million Greek pensioners live on less than 500 euros per month. The figures date from December 2016...

Pensioners Present Fears Over Further Pension Cuts in Meeting With PM

Pensioners are not convinced by the prime minister's assurances that there will be no further cuts to pensions, the head of the Coordinating Committee for Pensioner Associations and IKA Federation Dimos Koubouris said on Friday, after a meeting between...

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 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...

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...

Social Security Fund for Self-Employed (OAEE) Requests Help to Pay Pensioners

  OAEE, the social security fund for self-employed workers is asking for financial assistant from the Social Security Capital for the Solidarity of Generations (AKAGE) in paying its pensions. Reportedly, this week the OAEE board submitted a request to AKAGE in...