Calamos Supports Greece

Supplementary Pensions

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...

Greek Retirees See Supplementary Pensions Cut Up to 50%

About 150,000 pensioners saw their supplementary pensions slashed by up to 50 percent when they went to the ATMs on Friday. This is the second category of pensioners who are seeing their pensions undergo reductions. The first category was the...

Greece Cuts 200,000 Supplementary Pensions by 40%

A new ministerial decree posted on state website Diavgia on Tuesday night calls for cuts of up to 40 percent on supplementary pensions for 200,000 pensioners. The decree was signed by Deputy Labor Minister Tasos Petropoulos and is published in...

Cabinet Meeting To Discuss On Reduction Of Supplementary Pensions

Greek Labour Ministry and Troika postponed the discussion on critical issues of derail of pension funds’ finances and new interventions until January. Troika’s officials stressed the need to reduce wage costs without changing their view on reducing minimum wage, but...