Greek Retirees Are Moving to One of Europe’s Poorest Countries
- The cost of living in Bulgaria is the lowest in European Union
- Pension cuts are among the toughest issues for PM Tsipras
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Greek pensioners have seen their payouts slashed so much, some of them are moving to one of the poorest countries in Europe.
Take George, 75, for example. After his wife died five years ago, he rented out his apartment in Thessaloniki, the country’s second-biggest city, packed his bags and moved to Sofia, Bulgaria’s capital, where he says his monthly 800-euro ($905) pension allows him to “live like a king.”