A Greek paradox: many elderly are broke despite costly pensions

Submitted by monitor on Mon, 06/22/2015 - 14:21
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Reuters (16.06.2015) The plight of 79-year-old Athenian Zina Razi and thousands like her strikes at the heart of why talks between Greece and its creditors have collapsed. She lives off a pension system that helps to consume a huge proportion of state spending and can appear overly indulgent - but still she's broke.

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