Greece trying to lay 'phantom' pensions to rest

Society Tags: Pensions By: Nick Malkoutzis
Photo by Harry van Versendaal
Photo by Harry van Versendaal

One of the main problems the Greek state faced at the start of the crisis was putting right the obvious public administration inefficiencies that had become an undue burden on the country’s finances while also being a source of gross unfairness.

An example of this was Greece’s pension system and the poor way in which it was managed. Bureaucracy, corruption and neglect meant that even in 2010 the government did not have a clear picture of how many pensioners it was paying for and whether they al...

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