Better contribution collection for Greek pension funds but 5.1-bln shortfall looms

Economy Tags: Pensions
Photo by MacroPolis
Photo by MacroPolis

Greek pension funds have lost 32 billion euros since the beginning of the crisis and are facing a funding gap of 5.1 billion euros but the collection of social security contributions is improving, according to new figures.

During the annual conference of the Confederation of Pension Fund Workers (POPOPK), its chairman outlined some key figures that indicate a rather bleak outlook for the social security sector in 2014.

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