#PENSION
New Data Show Growing Divide Between Public and Private Pensions in Greece
The gap between newly awarded public- and private-sector pensions in Greece is continuing to widen, according to official figures from the country’s pension monitoring system, known as the Helios report.
Greece’s Ruling Party Gambles on 13th Salary and Pension to Bolster Support
According to government insiders, discussions are underway about not just reinstating the 13th salary but also restoring the 13th pension—or at least issuing a substantial financial bonus to retirees.
Greece's Hidden Pension Debt Threatens Economic Stability
Greece faces a significant challenge with its pension system, as highlighted in a recent study by the Center for Liberal Studies (KEFiM). The study estimates Greece's "hidden" pension debt at an alarming 409% of its GDP. This debt arises from pension obligations to workers in both the public and private sectors, obligations that are not accounted for in the Maastricht debt criterion used across the European Union.