Roula Salourou

Roula Salourou

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Pension cuts from 2019 will amount to 14 percent

One million retirees can expect to see their monthly pension drop 14 percent in 2019 as a result of the agreement the government reached last year with the country’s creditors regarding the so-called personal difference (the gap between the pension as calculated according to the old method and that using the new calculation system).