pension funds reserves
Economy
Reuters: Families Prop Up Failing State Pensions in South EU
A recent Reuters article reports on how the financial crisis is affecting state pension and welfare systems in southern EU member-states.
“Greece is the only country to have taken drastic action, forced to cut pensions by 30 percent between 2009 and 2013 under...
Business
Greek Pension Fund Reserves for 2015, are About to Collapse
According to a study of GSEE's Labor Institute, it has been made crystal clear that the Greek State must find alternative financial resources in order to be able to carry on the subsidy of the pension scheme within the...