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Retroactive payments to Greek pensioners after court ruling to reach 1.4 bln€

The Greek state will dole out 900 million euros to cover retroactive payments to private sector pensioners, following a recent decision in favor of the latter by a high court.

The payment was cited in a report by the General Accounting Office.  

Another half billion euros will be allocated for retroactive payments to public sector pensioners.

Any money owed to pensioners will be paid within the next six months.