Sudden Death For Greek Widows' Pensions: New Criteria, Cuts To Push 1000s More Into Poverty

Tyler Durden's picture

The implementation of the Greek pension reform of 2016, will lead to the sudden death of incomes for widows, and as KeepTalkingGreece reports, will push a large portion of population further into poverty. Widows’ pensions will be cut down to 50% of the deceased’s pension and new more restrictive age-based criteria will go into effect this month.

According to so-called Katrougalos Law, a widow is entitled to receive a pension for the rest of her life, if she was at least 55 years old at the time of the spouse’s death.

  • If the surviving spouse was below this age limit, the pension is given initially for three years. Then it is interrupted and is granted again after the surviving spouse reaches the age of 67.
  • If the age of 55 in not completed within three years, the pension is cut and never granted again.

The state keeps in its pockets all the pension contribution paid by the deceased.

Exemptions are for widows with underage children until they reach 18th year of age and students until they reach the 14th year of age. Widows receive the pension independently of their age until the children/students reach the age limit.

Provision is for widows or unmarried children with disability over 67%. They receive the pension. However, if the disability occurred after the death of the spouse or father, this does not count as precondition to retirement.

Changes are also implemented to the age of the deceased.

The deceased insured person must have fulfilled completed at the time of death the requirements for pension due to age, invalidity, full or reduced pension.

“Old” insured – i.e. who started to pay social security contributions before 1993 – need to have 1,500 insurance days, 600 of them in the last five years.

A new criterion is the one linked to the length of marriage and the age difference between the deceased and the surviving spouse. Minimum length of marriage is now 5 years, from 3 previously. Exemptions are when the death was caused by an accident, if a child was born during the marriage or the widow was pregnant at the time of death. Unfortunately, I did not see details about the age difference between the spouses and how they can affect the pensions.

At the same time, widow pensions are lowered from 70% of the pension down to 50 percent.

What is interesting is that I read nothing about the old odd Greek regulation that daughters of civil servants, especially daughters of armed forces personnel, were granted the pension of their parents until the end of their life, if they were unmarried.

In times of recession and high unemployment, widows over 50 or 55 should seek a job or sink in poverty in a country without social safety net?

We have gone completely nuts here…

And it appears President Trump agrees.

Trump expressed his true sympathy for the plight in Greece and said that he will reveal his policy for the International Monetary Fund in the next days.

Speaking to a group of conservative US journalists in the West Wing of the White House, Donald Trump reportedly said “Greece!” They are in such a terrible situation there. It’s awful!”

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
apadictionary's picture

true face of government coming out.

Haus-Targaryen's picture

But hey dear Greeks, ain't it worth it?  You're part of the EUROPEAN FUCKING UNION!  The single greatest arbiter of peace and the sole driver of prosperity on the European Continent.  Without such a wonderful, glorious and selfless institution who would protect you from US imperialism, the Bankers and unbridled war?  The answer is fucking NO ONE! It amazes me Europeans have made it this far without completely exterminating one another.  Be grateful the EU is there.  After all, we all know that without the EU there wouldn't be enough money for medicine, pensions would be getting cut, taxes would be going up and corruption would be rampant.  Youth unemployment would be sky-high, cities and critical infrastructure would be falling into disrepair and schools would be closing.   

Thank you Lord Jesus Christ for the European Union, which saves Europeans from themselves and evil nationalism.  May we dissolve all borders and languages and cultures the world over and establish a one-world government, for this is the only thing that will prevent nationalism leading to war.   

/sarc 

"Its a small world after all ...." the motto for the EU, as absurd as it may be, this is what the idiots in Brussels want you to believe.  I told a coworker of mine yesterday he is different than someone in Italy.  He was furious and spent the next 10 mintues trying to tell me why they are actually the same. 

Ghrodo, your state-administered kool-aide is working too-well.  Tell your bosses to turn it down a notch or two. 

dark fiber's picture

I suppose we should also blame the EU for Venezuela right?  Oh wait.  Nothing to do with Greeks voting for socialism and when that failed, a bunch of radical communists.  To hell with them, the EU should throw Greece out, aggressively demand their taxpayers money back and force that failed state to dissolution.

07564111's picture

I believe it goes something like this ..

FUCK THE EU

Ghordius's picture

that's what Vicky Nuland said, yes. and the Russian intelligence services shared with us all

because "the EU" had plans, for Ukraine. and that was her answer

now, how are those other plans working out? are you... satisfied?

johngaltfla's picture
Just Another Isolated Economic Incident

 

Sudden death is coming sooner than you think..the 1 mo Libor is at an 8 year high and the 3 mo LIBOR is back to March 2009 levels.

Thankfully nothing major happened then, right?

Haus-Targaryen's picture

What were those plans the EU had, exactly? 

Turn Ukraine into a democracy, pull it away from Russia, evict the Russians from Crimea, eliminate the corruption and wa-la millions of new consumers for goods manufactured in France and Germany paid for with debt supplied by the Germans and the French? 

I'm curious what YOU think the EU's plans for the Ukraine were, how they worked out and most importantly, were these plans based in any form of reality what-so-ever, or were they contingent upon the Americans and Russians doing exactly what the mouth breathers in Brussels want them to do? 

BennyBoy's picture

 

Ukraine is part of the pipeline wars (4 major Russina pipelines go thru it). No resistance to being taken over and run by the USA.

Syria is putting up a fight and US tryting to break it up so US pipeline goes thru. RUssia having learned a lessen the hardway in Ukraine aint gonna let that happen.

More demonization and lies about russia being concocted as you read this.

Ghordius's picture

did you listen to the tapes Russia provided?

yes, democracy for Ukraine. bad thing, eh? eliminate corruption is also a bad, bad thing, eh?

now, why are you wanking about "throwing out Russians from Crimea"?

again: Vicky Nuland made sure that the EU has nothing to say about Ukraine

meanwhile, it is France and Germany that are staging the talks (yes, for peace) with Russia and Ukraine

are you more pro-Russia then... the Russian government? you seem to be more anti-EU then Russia, that's for sure

Haus-Targaryen's picture

I can think of very few things I am more "anti-" than than "Anti-EU" 

The first thing that pops into my head is "anti-egalitarism" which I am more than the EU. 

847328_3527's picture

Don't mean mean. Someone needs to support those 10 course dinners in Brussels.

baby_tone's picture

I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... http://bit.ly/2jdTzrM

keep the bastards honest's picture

After the failure of the banks  business model, and then the con  job to get the irish gov to bailout the banks, the eu/global banks stole the Irish pension fund. I met women who were widowed and old who were now on 128 euros per month in fair Dublin city.  Obama went over to the ECB to block any haircut  on the debt so as to protect  goldman sacchs. But as the irish had 900 years of occupation they keep going and their land loves  them.

Ghordius's picture

"the eu/global banks stole the Irish pension fund"

I remember British banks, and one bank called... AngloIrish

I remember the Irish government making an Irish law on the matter

meanwhile, where does that ECB involvement come from? that's a really funny theory, there

as a reminder, the UK is exiting the EU. Ireland's government is advicing them to not do that

BennyBoy's picture

 

All the old ladies need to starve so German bondholders can buy Porsches.

Default now!

gunzeon's picture

remember, i don't but they were ruled by "Generals" for many years, don't think there was a lot of voting going down then ... say, isn't there some other place with a lot of "Generals" in goverment ? oh yes, i remember ... it's ...

07564111's picture

"" I told a coworker of mine yesterday he is different than someone in Italy. He was furious and spent the next 10 mintues trying to tell me why they are actually the same ""

some time ago I had that same conversation with some relatives in the Baltics. They have now decided that returning to whence they originally came from is their only option. The EU is screwed.

Jubal Early's picture

The steady drip-drip-drip of the EU raping of the European peoples is becoming too much even for Ghordius.  When these kinds of articles come out he now goes into hiding.  Rightly so, he and his cronies are going to have a lot to answer for when the EU finally collapses.  Unless the EU leadership are in on the coming culling, in which case they would have a place reserved on a remote island or in a bunker.

Have they shown you your bunker cubicle yet, Ghordius?  I am certain the EU leadership is planning on brining you along.  The new smaller and better NWO would be a sad place without your intellect.

Ghordius's picture

whatever you are talking, I presume you mean immigration

of which there are two kinds, in the EU

movement between EU Countries of EU citizens is a right of EU citizens. Europeans moving freely

immigration from outside the EU is a purely National Matter, of each Nation State, for you: France, Germany, Italy, etc. etc.

those are the facts. do they fit among your prejudices? if not, try to make some space for them

Jubal Early's picture

"immigration from outside the EU is a purely National Matter"

Austria seeks to withdraw from EU mandatory refugee quota system

You are so full of shit its not even funny Ghordius.

 

Ghordius's picture

because you simply don't pay attention

no country is applying that quota system. meanwhile, check on which governments, national governments, note, approved that quota system... which is not being applied

you simply don't see the difference between talk and action, eh?

a bit like that "EU Army". we talk about it, here, but fact is it still does not exist

it's still like I wrote: those refugees were an internal, domestic, national decision... by the German government

yes, immigration is still a national affair, whereas those talks about quota systems are about getting them spread out among other countries after they entered Germany, and most simply won't do that

Ghordius's picture

and there "she blows again"

right. it's "all the EU's fault" that...

- Greece has a National Parliament that passes this Greek National Law

- Greece has a National Budget (with a primary surplus now, note) that is fed by Greek National Taxes (which are also used for contributions to the EU budget)

- Greece has a National Pension Scheme that is now being adjusted... despite the recent progress in gathering taxes

at what point do you stop peddling such rubbish?

that "small world after all" is pure rubbish from the US's Left

What would it mean for Greeks in the rest of the EU if Greece would exit the EU? a return to Greece? giving up their livehoods elsewhere in the EU?

are you going back to the US? no. why not? well, you are escaping that US Student Debt Monstrosity

that European Multiculturalism means not only that you can go to a Greek restaurant in Germany, tonight

that European Multiculturalism might protect you (perhaps) if the US would ever ask us to cancel visas and permits to "US Student Debt Refugees", so that they return to pay

that European Multiculturalism means that you, an American that is still not able to discuss the finer points of the German "Sturm und Drang", still does not speak German properly... can be in the EU

an American that still is not here, with his mind, but in a funny if sad half-twilight of American "Solutions" to European Affair

an American that is still not able to have a factual discussion and differentiate between a 19-Countries club around the EUR and a 27-Countries club called EU

the EU is nothing else then accepting the Greek People as peers. whereas you are an American of that kind that considers the whole South of Europe as "something like Mexico"

can you spell... Peers? it contains traces of tolerance and respect. of the latter, you don't seem to have much, of the first I don't even know, but you talk here in a way that denotes the opposite, and peppered with unjustified pride to boot

Ghordius's picture

no, it is not. I am on the record here on ZH for hoping that Fillon (from the French Republicans) would win

but go on to believe that all Europeans are Socialists/Leftists. you probably need that belief in the US, with that extreme polarization between an ever increasing Hard Right and an ever increasing Hard Left

we, in Europe, have still literally dozens of parties of the Center of politics (usually center-left or center-right), which you don't even know anymore what the heck that is

go on with the... projection of your affairs on other people's affairs

Jubal Early's picture

"extreme polarization between an ever increasing Hard Right and an ever increasing Hard Left"

They are all socialists, the only difference is between national socialists and international socialists.  The tribe that owns our media and hence the meaning of our words gets tools like Ghordius to repeat this mantra of theirs that they used to get WWII started.  It is their typical hegelian dialectic, where we synthesise national socialism with international socialism and we end up with pure jew socialism with the world court in Jerusalem and court jesters like Ghorius parading around telling us we how greatful we should be for all the "EU regulations" like refugee quotas and "hate speech" jail terms.

gunzeon's picture

fact is the left has shrivelled up ever since the wall fell. What's left of it has become a platform mainly for refugee/immigrant advocacy and gender fluidity, but no longer standing up for workers' rights or protecting them from threats to their welfare like social dumping, globalisation, et al.

fact is the center has shifted to the right and adopted neo-liberal attidudes

fact is the right is thus opposite the left, anti refugee/immigrant, pro classic gender roles as per religions, pro worker exploitation by capitalists/globalists

so who's projecting ?

Haus-Targaryen's picture

In your professional opinion, 

of the following Socialist States: 

- USSR

- Mao's China

- Pol Pot's Cambodia

- North Korea

- Chavez's & Maduro's Venezula

Which nation has not exploded their workers and work force?

I look forward to your answer.  

Best,

Haus 

rondellio's picture

"French Republicans"?  Do you know anything about French politics?  Fillon is a dirigiste and an étatist.  The French political class-with virtually no exception-conceives of the state in Rousseau-esque terms:the state is the the great improver of humankind.  Implicit in this is the notion that the improvers are superior beings-via the metaphysical concept of the general will.

Thus was Fillon able to lift 1 million € from public funds over 10 years with nobody saying anything until his political assassination became necessary.  There are myriad examples of how this assumed superiority translates to hard cash in French politics.  

Politically a good example is Sarkozy, Fillon's erstwhile boss.  This "republican" stated that the constitutional mechnism was not a matter for the citizens to decide but was the exclusive prerogative of people like him: the political class.

Whether or not you call this "Socialist/leftist" is nothing to the point. For ordianry men and women the point is an existential one: politically one lives a relation of Master and Servant. 

In France nothing is reserved to the people, there are no natural law limits to political power.  

The USA, in a much attenuated form, still preserves these concepts, which were at one time also at home in France. 

Haus-Targaryen's picture

Oh, aren't you cute. Let's address your points, one-by-one. 

---

and there "she blows again"

right. it's "all the EU's fault" that...

- Greece has a National Parliament that passes this Greek National Law

- Greece has a National Budget (with a primary surplus now, note) that is fed by Greek National Taxes (which are also used for contributions to the EU budget)

- Greece has a National Pension Scheme that is now being adjusted... despite the recent progress in gathering taxes

at what point do you stop peddling such rubbish?

---

Correct, Greece has all these institutions, but are these institutions un-biased working FOR the Greek people, first and foremost, or do these institutions work primarily for the continued existence of the EU and more specifically the EMZ?  While these institutions have "power" they are populated by people who habitually have sold their own people down shit-creek without a paddle.  See the, what is it now, 4 or is this number 5 "bailout" for the country? 

While I am all for balanced budgets, and you tout the red-herring constantly -- the Greeks can't balance a budget without some €200 billion in funds.  "Sure I can balance my budget as soon as you wire me an obscene amount of money" is not a balanced budget.  Asserting it is a balanced budget is nonsense.  

And don't get me started with "apart from interest payments, the Greek federal budget is revenue positive." Whooptie-fucking-doo?  Had there not been a liquidity squeeze in 2007 Lehman Brothers would still be around.  What are you and the Propaganda-Masters attempting to say? If we can measure a government's ability to "balance its budget" net of interest payments as a barometer for credit-worthiness then I am sure the Japanese government would be super interested in this, as is the US Treasury.  Please do tell how such a system is finance-able without some asshole printing a ton of currency out of nowhere to purchase said securities backed by a "apart from interest payments ... we're solvent" government. 

Oh wait ... they can't.  It isn't sustainable in any sense of the term.  It merely delays the inevitable.  But in the double-speak that EU politics and EMZ financial policy has turned into, makes sense short USD and long EUR.  Everything is fixed.  Move along.

---
that "small world after all" is pure rubbish from the US's Left
---

I cannot walk past a mailbox or lamp-post here in FFM without seeing some "Grenzen Abschaffen" form on nonsense. Its policy of the Greens and die Linke in German politics and there are currently some dozen NGO boats in the Med as you read this enacting this policy.  Nevermind what they are doing is illegal.  The ideals the EU is built upon is that all Eurpeans are the same. It is simply a fact. You asserting it isn't is simply rubbish

---

What would it mean for Greeks in the rest of the EU if Greece would exit the EU? a return to Greece? giving up their livehoods elsewhere in the EU?

are you going back to the US? no. why not? well, you are escaping that US Student Debt Monstrosity

---

Nice straw-man.  Perhaps in your fervent European Patriotism you think the EU is the only thing allowing Greeks to live and study in Germany, as an example.  This is patently false, as I am here along with a ton of Russians, Ukrainians, Chinese and Vietnamese.  If Greece was to leave the EMZ and subsequently the EU -- there will be no "rounding up of Greeks and deporting them" like many who think like you hold out. Germany would have that option (something they currently don't have), just as Germany has the option to eject me (well, thanks to my marriage and the kid on the way, they don't really anymore) -- but I hope Germany would deport all the Greeks that are net drains on the social system.  THAT would be great. Those that contribute more than they take out should stay, and given the pragmatism of Germans -- I think that is exactly what would happen. 

Why would I go back to the US?  The US is not a part of the EU, and I am more than welcome here as long as I am not a financial ward of the state.  Makes sense, no?  It isn't as if I came over here on a tourist visa, overstayed and am hiding in some Antifa nest.  I pay a copious amount of taxes and am procreating.  I am a model immigrant, and *GASP* I am not from a EU nation.  And I am still allowed to stay. 

---

that European Multiculturalism means not only that you can go to a Greek restaurant in Germany, tonight 

---

Wrong.  Multiculturalism has nothing to do with going to a Greek restaurant.  Responsible immigration policy has everything to do with that. There is a material difference in the thought process between "Oh, you're coming in with a ton of cash to open a Greek restaurant in Germany.  You have restaurant experience in Greece and already speak German, and won't be a financial ward of the state.  Herzlich Willkommen in Deutschland!" and "Oh, you're dirt poor and illiterate. Because we believe in Multikulti here in the Fatherland, we see no difference between you and someone who comes in with multiple degrees and made 300k last year.  Herzlich Willkommen in Deutschland!"

The former being the way things should be and the later being the way things are at the moment.  Tell me I'm wrong.

 ---

that European Multiculturalism might protect you (perhaps) if the US would ever ask us to cancel visas and permits to "US Student Debt Refugees", so that they return to pay

---

That would be egregiously stupid on their part. "Lets cancel Visas of people who pay a ton in taxes and send them all back." In the case of my family, should that happen -- they'd also lose out on the 500,000€+ they've invested in my wife's education and someone who paid 70€k in taxes last year.  

How many "immigrants" would Germany have to deport to make up the losses on just my wife and myself? Oh wait ... the immigrants are expected to cost €900 billion in the coming decade.  You could deport them all and my wife and myself would still generate more economic activity than the Giftzwergen that Germany has decided to import recently.  

---

that European Multiculturalism means that you, an American that is still not able to discuss the finer points of the German "Sturm und Drang", still does not speak German properly... can be in the EU

an American that still is not here, with his mind, but in a funny if sad half-twilight of American "Solutions" to European Affair

---

The problem is Ghordo, there are plenty of "Europeans" who think just like I do.  The solutions I propose aren't "American" solutions, but rather "national" ones. You have drunk your own cool-aide to such an extent you really believe that European solutions involved pan-european entities.  You are building arguments based on assumptions only a fraction of the population holds. 

And while I concede your English is better than my German -- your English is still not perfect.  Yet in the U.S. or any other English-speaking country the world-over you'd be welcome with open arms. Why? Because you are understandable.  

Shocking thing for you -- there was immigration to Germany of non-Germans even in the hay-day of National Socialism.  This idea that Multicultarism is uncontrolled immigration is perverse, and illustrates your belief in a system that will never come to pass. I had an great uncle, Scottish guy move to Germany in 1935 to marry a German lady.  Because he wasn't German he wasn't in the Wehrmacht during the war, but was in the Feuerwehr in what is now Poland. 

---

an American that is still not able to have a factual discussion and differentiate between a 19-Countries club around the EUR and a 27-Countries club called EU

---

This is an ad hominem and you know it. As I have explain again and again (and I think you are either senile or intentionally trying to be insulting) the terms have become interchangeable even though they represent different clubs of nations. 

If the EMZ collapses it will take the EU with it. If Greece leaves the EMZ and wipes all its debt out the EMZ collapses. Don't pull out your book'o'treaties and tell be "but wait ..."

The economics of the situation couldn't give two shits about what the treaties say, what Juncker or Merkel or Soros believes.  What cannot be repaid won't and because of this simple fact -- all the debt ClubMed has racked up will never be paid.  When those holing the bag come to accept this as fact the jig is up.

Talk about the treaties and how it is supposed to work until it is blue in the face.  I, nor anyone else gives a shit.

---

 it contains traces of tolerance and respect. of the latter, you don't seem to have much, of the first I don't even know, but you talk here in a way that denotes the opposite, and peppered with unjustified pride to boot

---

If you think that Greece and Germany are peers in the economic sense of the term, I have a 45 lb bag of Alex Jones boner pills to sell you. I have no respect at all of the EU and the EUR and am increasingly losing the ability to have much respect for those who continue to believe in it -- as what is going on is completely adverse to what they want to happen.  

Death to the EMZ, death to the EU and death to the idea that "all Europeans are the same." 

 

Ghordius's picture

"Greeks can't balance a budget without some €200 billion in funds.  "Sure I can balance my budget as soon as you wire me an obscene amount of money" is not a balanced budget.  Asserting it is a balanced budget is nonsense.   "

wrong

Greece achieved a primary budget surplus

that's "all before debt (service/repayment)", yes

it still means that they gather more taxes then what they spend for their national expenditures

Haus-Targaryen's picture

The Greek government is required to pay interest on its outstanding obligations, else it is in default of its obligations. 

Stimmt oder stimmt nicht? 

Ghordius's picture

correct. and... how much is it, compared with the debt being forgiven?

rondellio's picture

Yes it is the EU's fault.  Greece was fraudlently admitted to the €, a disasterous course dooming the Greeks to the predatory practices of EU banking and their own corrupt political class-in cahoots with the EU political class.

The enablers of the fraud -Goldman Sachs- were never prosecuted, which is lucky for ex President Barosso bc he now works for these criminals.  This combination of corporations and politicians is correctly termed "fascism".  

The € fraud began a death spiral for the Greek people who were loaded with debt to make whole the EU bankers on the hook for their loans to Greece. ( Same story for Ireland. ): (Former Greek finance minister Yanis Varoufakis)  “instead of attacking the worst cases of corruption, for six years now the creditors have been after the little people, the small pharmacists, the very poor pensioners instead of going for the oligarchies”. Greece in 2010 was given a huge loan that Mr Varoufakis said was not designed to save the bankrupt country but to “cynically transfer huge banking losses from the books of the Franco German banks onto the shoulders of the weakest taxpayers in Europe”.

When PM Papandreou threatened a referendum on Euro membership, he was replaced by an ex EU official.

The Greek people-ordinary men and women-are like their peers throughout EU-land the victims of a ruthless lust for domination practised by eltists who are very clear that these ordinary men and women are not their peers. 

Ghordius's picture

"Yes it is the EU's fault.  Greece was fraudlently admitted to the €... "

correct. and? did the EU have any budget oversight on member countries? at that time? nope

rondellio's picture

Good, joining the €  was a fraud.  So says Ghordius.

Bad: after admitting the fraud Ghordius stays silent on the matter of ex President Barosso working for the perpetrators of said fraud:Goldman Sachs.

Another example of this EU nationalist refusing to face up to the corruption at the haert of the EU.

Ghordius's picture

yeah, go on like this

no, joining was not the fraud. cooking the books was. now, who did that? the EU?

nope, it was the Vampire Squid advising the Greek Government

rondellio's picture

Fraudulent dossier accepted by the EU...why?  ex President Barosso working for the perpertrator.  Why?   Criminal action leading to enormous suffering by millions, undenounce by EU nationalist Ghordius.  Why? 

One must "go on like this" when the indefensible is publicly defended by the unscrupulous.

SoDamnMad's picture

I stood up and put my hand over my heart. Somewhere, way off, I think I heard very patriotic music playing. Tears welled up in my eyes. 

May some NK missile fly off-course and strike Brussels instead to the Carl Vinson.

 

MK13's picture

If Trump will be winning bigly in Greece like he is winning here Greeks - be afraid, be very afraid.. you will be winning so much you will be sick.

BorisTheBlade's picture

His plan is for IMF, but 2017 most of the debt due are private investors and t-bills holders. Yuuge spike relative to other years: http://graphics.wsj.com/greece-debt-timeline/ I guess his plan would involve something that allows 2017 debt due to rollover to kick this can down the road.

SpanishGoop's picture

The state keeps in its pockets all the pension contribution paid by the deceased.

From the start this system was already fucked up.

 

SpanishGoop's picture

Trump expressed his true sympathy for the plight in Greece and said that he will reveal his policy for the International Monetary Fund in the next days.

 

Trump to the rescue of the middle/lower class......o wait.

 

Fireman's picture

If the Greeks want to keep their beloved €urodollah, NATO, i.e. the North Amerikan Terror Organ dangling from the Pedophile Politburo running bUSine$$ as USual from sewer Brussels capital of Natostan and continue to be willing slaves in the Europeon abomination of EUSSR and its front line slave colony stacking the Muslim detritus of USSA'S judaic wars then they will acquiesce to anything...at least until a few of them sprout cajones and exterminate their Goldman Sucks banksters and the political whores skewering them with ever more malice.

 

The collap$€ approacheth!

WTFUD's picture

If you like your euro-buck and the S&M that comes with it, you can keep it.

SmedleyButlersGhost's picture

"The state keeps in its pockets all the pension contribution paid by the deceased."

The rest is just fluff on how much the banks can steal

gunzeon's picture

Geez, i sure as shit hope i don't wind up penniless with arthritis, and begging for food stamps from a government run by incompetent crooks.

One must ask, where are their sons and daughters ? why are they not helping their parents now ?

 

gunzeon's picture

That's "de rigeur" in europe; Nappy started it. The government owns your arse, from the cradle to the grave, and when you croak, any change goes to the state coffers.

Ghordius's picture

did you read the article? it's about an european country that is reducing pensions to widows

gunzeon's picture

Oh my goodness ! you are so Chastising !!!