Further cuts to supplementary pensions expected in November
Supplementary pensions may be further slashed in November, with about 250,000 pensioners possibly facing cuts up to 50 euros. The measure is included in the omnibus bill on prior actions that will soon be submitted in Parliament.
According to the bailout agreements, the Greek government has to carry out 170 million euros worth of retroactive cuts in supplementary pensions by the end of the year. The government however managed to negotiate a deal to spread these retroactive cuts into 2017 and has set a 50-euro cap.
You may be interested
Putin says he is not ready to leave the Russian presidencyPanos - Jul 25, 2017
Russian President Vladimir Putin said Friday that he might decide to stay in office for life. Putin stated on Friday…
Olympiakos and AEK to start their Champions League campaignsPanos - Jul 25, 2017
Greek champions Olympiakos Piraeus and runners-up AEK Athens enter the Champions League competition tonight in an effort to advance to…
The Ancient Greeks had two different concepts of time — and the second could change how you organize your dayPanos - Jul 25, 2017
If you’ve encountered languages other than the one you grew up with, you’ve likely discovered a word that captures an…