Pensions

Greece's Labor Minister Giorgos Katrougalos admitted on Thursday that the government may have to proceed with deep pension cuts as creditors request. Speaking to government friendly Sto Kokkino FM radio, the labor minister said that lenders would not accept a...

"We will not talk about additional cuts in pensions or additional measures. The agreement we have signed is our limit and we are following it" said Greek government Vice President Yiannis Dragasakis in an interview with Realnews newspaper. "Therefore, whatever problem, whatever...

Greek farmers have decided to enter the second month of protest mobilizations after their meeting with Prime Minister Alexis Tsipras on security funds and taxation proved fruitless. West Macedonia and northern Greece farmers decided to continue blocking major national highways...

After four and a half hours of talks, Greek farmers left the government mansion saying that they will present the prime minister's proposals to their unions to decide whether they would continue their protest actions. Prime Minister Alexis Tsipras has...

Greece needs to make pension cuts in order to make the security funds system sustainable in the long run, says the International Monetary Fund. Poul Thomsen, the Deputy Director of the Fund's European Department who handles the Greek bailout, says...

Bank shares crashed at the Athens stock exchange on Monday, losing 20 percent of their value within hours, due to continuous political instability. Greece is in the midst of violent protests over the building of migrant registration and hospitality centers,...

Greece will need debt relief along with deep security fund reforms in order for the pension system to be sustainable, said International Monetary Fund Managing Director Christine Lagarde. The IMF head gave a web press conference where she was asked,...

Thursday's 24-hour strike launched by almost all professional groups, workers, public sector employees and mass transport services leaves Greece paralyzed for the day, while dozens of thousands of people took it to the streets in protest. The Greek government's proposal...

The quartet of Greece's creditors remained adamant in their positions after nine hours of negotiations with Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis that ended on Wednesday night. According to a source close to the talks, on the...

The first battle in parliament between Prime Minister Alexis Tsipras and newly elected New Democracy leader Kyriakos Mitsotakis took place Tuesday evening on the hot issue of security system reforms. "The pension system is not sustainable," said Tsipras. "We are...