Pension

Employee charged in Hellenic Post embezzlement

A Hellenic Post employee in Halkidiki, northern Greece has been charged with forgery and embezzling 300,000 euros from two branches in the 2012-14 period.

The suspect embezzled funds, pensions and remittances while he was working at the post office branches in Kallikrateia and Kassandreia.

He was expected to appear before an investigative magistrate on July 4.

IMF fears reversal of reforms

The International Monetary Fund on Friday expressed uncertainty over the long-term prospects of Greece's debt, along with concern that some of the reforms might be reversed or not implemented, including the reduction of pensions in 2019 and the tax discount in 2020.

KPMG: Pensioner-to-worker ratio at 1.74 in 2050, private pension a must due to falling old-age support rate

Romania's pensioner-to-worker ratio will reach 1.74 in 2050, in a surge from 0.3 in 1990, shows a KPMG survey presented on Thursday at a press conference by Tudor Grecu, KPMG audit & assurance partner.

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