Fresh blow in store for pensioners

Thousands of pensioners will be dealt a fresh blow on Wednesday as they pick up their lighter auxiliary pensions, while the country's creditors have asked for a series of amendments to labor laws and are demanding extra measures for the primary surplus target to be met next year, adding to the pressure on the Greek government.

The November auxiliary pensions of thousands of retirees will be reduced due to their recalculation, which has taken place in three stages, starting in September. This month the last group of pensioners will be affected by the cuts, which also include retroactive deductions back to June, when the adjustment was calculated.

Many pensioners will see their auxiliary pensions slashed by at least 50 euros, and it is possible a great number of them will receive just a handful of euros tomorrow. According to estimates, the majority of pensioners will be...

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