Further cuts to supplementary pensions expected in November

22 September 2016
713 Views

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

BBC: The last speakers of Ancient Sparta
GREECE
shares7 views
GREECE
shares7 views

BBC: The last speakers of Ancient Sparta

Panos - Jun 22, 2021

As you enter the mountainous village of Pera Melana in Greece’s southern Peloponnese peninsula, you’re likely to hear the roar of…

Mitsotakis: We expect the extension of our EEZ demarcation agreement with Egypt soon
GREECE
shares8 views
GREECE
shares8 views

Mitsotakis: We expect the extension of our EEZ demarcation agreement with Egypt soon

Panos - Jun 22, 2021

The Greek Prime Minister, Kyriakos Mitsotakis, is in Cairo, for his official visit to Egypt. Kyriakos Mitsotakis was received at…

FM Dendias in Luxembourg: PM Mitsotakis to visit Baghdad soon
GREECE
shares13 views
GREECE
shares13 views

FM Dendias in Luxembourg: PM Mitsotakis to visit Baghdad soon

Panos - Jun 22, 2021

Greek Prime Minister Kyriakos Mitsotakis is expected to visit Baghdad shortly, Foreign Minister Nikos Dendias said at doorstop comments prior…

Leave a Comment

Your email address will not be published.