pension cuts

Greece's Finance Minister Euclid Tsakalotos The Greek government on Monday is to table in parliament the 2019 budget draft leaving out the pension cuts that have been agreed with creditors to go into effect January 1st. According to a government source,...

According to Eurozone officials, the decision regarding the issue of the scheduled for January 2019 Greek pension cuts will be made in December, after a full examination of Greece's budget draft for 2019. This issue is not included in the...

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...

A report by the Athens-Macedonia News Agency (AMNA) says that the pension cuts scheduled to come into effect from the beginning of 2019 maybe cancelled in agreement with Greece's lenders. The semi-official agency quotes unnamed sources saying that the "institutions...

Representatives of Greece's international creditors -- the European Union and the International Monetary Fund -- arrived in Athens on Monday for the scheduled audits of the Greek economy in the post-bailout era. The technical teams of the European Commission, the...

Prime Minister Alexis Tsipras on Saturday announced that his administration is planning to stop tax cuts, offer more social dividends and raise the minimum wage in post-bailout Greece. The Greek prime minister spoke during the opening of the annual Thessaloniki...

A senior eurozone official has said that the issue of upcoming pension cuts will go forward as soon as representatives of Greece's creditors go to Athens in late September for the first post-bailout inspection. The Greek government has recently stated...

Greece spends the highest percentage of its GDP on pensions compared to other European Union member states, Eurostat says. Despite the fact that pensions have been slashed dramatically during the economic crisis, the Greek state continues to give a large...

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...

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...