New wave of cuts in supplementary pension on Friday
About 150,000 pensioners will see their supplementary pensions slashed by up to 38% when they are paid out on Friday.
According to a report in Ta Nea, the average cut in supplementary pensions will be about 60 to 70 euros, however in some cases the reduction may be up to 140 euros.
Of the 1.23 supplementary pensions that are being paid out, about 67,000 have already been reduced, with the additional 150,000 pensions to be reduced on Friday. A third wave of such cuts will take place in October.
You may be interested
Ouzo: The uplifting Greek Drink!Panos - Sep 22, 2017
Ouzo drink with its strong anise flavour and with a little hint of Greece is a clear drink which gets…
Why do Greeks never toast with glasses of water?Panos - Sep 22, 2017
If you ever find yourself amongst Greeks during a celebration and you happen to notice they never toast with a…
TTF to sell northern Greece photo-voltaic parks to Chinese multinational SPI Energy Ltd.Panos - Sep 22, 2017
The Thermi Taneo venture capital fund (TTF) this week announced an agreement to set photo-voltaic parks in Greece with a…