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Tag Archives: monthly

Greece loosens capital controls with spectacular up to €5,000 per month

Greece’s Finance Ministry has reportedly already prepared a new legislation that will further loosen capital controls and spectacularly raise the monthly cap of cash withdrawals for natural persons.  The new measure will allow bank account holders to withdraw up to 5,000 euros per month. Since 1. March 2018, the withdrawal …

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Greece’s €300-Generation: 1:3 workers earn a piece of bread

One in three workers in Greece’s private sector earn a monthly salary of €300 net -up to  €440 gross. This shocking revelations comes from a survey conducted by the Labor Institute (INE) of private sector union GSEE. The survey reveals that wages in greece have shrunk significantly through the so-called …

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Labour Ministry: 33% of Greek pensioners get €360 gross, another 33% gets €675

for the first time since the country sought the ‘economic rescue’ by the IMF, Greek Labor Ministry published a full record of the number of pensioners and pensions distribution. The data has been collected for 93 social insurance funds. For the vast majority of Greece’s seniors the pension is very …

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