Greeks will have to work until they are 75

Greeks entering the workplace from the mid-1990s onwards will have to work until they are around 75 years of age to avoid a collapse of the social insurance system, according to a study by the country's second largest bank.

The 17-page study by Alpha-Bank takes a thorough look at Greece's demography and future of its social security system - a system that is so over-burdened that the OECD, the European Commission and the International Monetary Fund have been warning about the consequenc...