ECONOMY

Greece stops paying 0.4% of its pensions due to suspicions of fraud

Greece has stopped paying 18,228 pensions due to suspicions of fraud, Labor Minister Yiannis Vroutsis said on Monday.

Vroutsis said that the pensions accounted for 0.4 percent of the total 4.41 million paid out by the state and had not been paid since February.

“The findings, unfortunately, are substantial and reveal the extent of illegality, either due to unintentional mistakes or intentional actions over the last years,” he said.

The bogus pension claims were discovered after the first census of Greek pensioners was conducted last year.