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Tag Archives: pensions

First round of Review Talks: Creditors – Greece 0-0

Representatives of Greece’s creditors had a 3-hour meeting with Greek officials top officials Finance Minister Tsakalotos, Labor Minister Katrougalos and Economy Finister Stathakis in the first round of negotiations. Protagonist in this today’s meeting was Labor Minister Giorgos Katrougalos as the issue of social security contributions was top on the …

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FinMin Schaeuble suggests Greece should issue IOUs – Did he agree with Varoufakis, after all?

German Finance Minister Wolfgang Schaeuble suggested that Greece should issue IOUs in order to meet some of its domestic payment obligations. According to information of German daily Handelsblatt, Schaueble suggested the IOUs option during discussions with other euro zone finance ministers at the Eurogroup meeting yesterday, Monday. Citing eurogroup participants, …

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No Grexit, No Grexident. The IOUs are coming…!?

Forget the Grexit, the Grexident and the Drachma scenarios. They are out! The 20-April-bankruptcy script writers have invented a new solution: something like a parallel currency. No, not the older scenario option of using Drachma nationally and the Euro internationally. Something new: the IOUS! A form of alternative mean of …

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Greek government: Fast Forward with anti-austerity measures

Alexis Tsipras and his junior coalition partner Panos Kammenos pushed the Fast Forward button to restore a series of so-called “reforms”, that is austerity measures imposed by the country’s lenders, the Troika. Several new appointed ministers of the SYRIZA-Independent Greeks coalition started to announce thorough changes, right after they assumed …

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Tsipras promises “just taxation, hikes in low pensions & minimum wages” and more…

“Greece will take a deep breath on Sunday. And on Monday the country will change page with the strong order from the people,” Alexis Tsipras said on Tuesday speaking in Thessaloniki on Tuesday evening. He added that “the people with their votes will put an end to the devastating policies  …

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Some blessed Greeks receive up to 10 different pensions

Do you know that there are people who receive retirement money from up to 10 different pension funds? According to data reported by the Greek Minister of Labor, Social Security and Welfare, Yiannis Vroutsis, there are a total of 174 retirees managing to collect more than 4,000 euro per month …

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