BUSINESS

Greece making progress on recovery of dead pensioner payouts

The Greek state has already recovered some 37.8 million euros in pensions that had been handed out for 2,999 claimants who had not been taken off the register despite having been dead for at least six months.

The process is not yet complete as authorities are chasing up another 19.3 million euros out of a total of 57.1 million.

According to data released on Monday by the office of Alternate Finance Minister Christos Staikouras, 25.8 million euros has been recovered from pensioners’ bank accounts through the DIAS interbank system and 12 million has been returned by relatives or joint holders of the accounts of the deceased.

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