OAEE and ETEA set to receive a 150 million euro cash injection

Two of the country’s largest pension funds, OAEE and ETEA, are to receive a cash injection of 150 million euros, in order to cover...

Two of the country’s largest pension funds, OAEE and ETEA, are to receive a cash injection of 150 million euros, in order to cover their deficits and to ensure that pensions and benefits will be paid out.

The decision to support the self employment and supplementary pension funds was approved by the Minister of Labor Yannis Vroutsis and the Deputy Minister of Finances Christos Staikouras and included in the latest edition of the government gazette.

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