Source: European Parliament
Question for written answer E-001513/2025
to the Commission
Rule 144
Kostas Papadakis (NI), Lefteris Nikolaou-Alavanos (NI)
The question of who will be called upon to pay the EUR 800 billion for ReArm Europe has been answered through the formation of the ‘Savings and Investment Union’. Guided by the ‘Letta Report’ and the protocols of the EU’s war economy, a direction is being given to seize the EUR 33 trillion of private savings in the EU ‘to cover the strategic needs of the EU’, as well as the more than EUR 10 trillion in so-called low-yield deposit accounts, with an ‘emphasis on the supplementary pensions sector’.
The Commission also announced ‘a review of existing EU pension legislation to increase participation in supplementary pensions’, i.e. the regulation introducing the ‘Pan-European Personal Pension Product’ and the related ‘IORP Directive’. The EU is also considering compulsory registration in capitalised pension funds, as is already the case in Greece, for example, with the Hellenic Auxiliary Pensions Defined Contributions Fund (TEKA), which siphons off contributions from insured persons.
In view of the above:
- 1.What is the Commission’s position on the fact that, with the activation of the so-called EU ‘Savings and Investment Union’, the reserves of insurance funds and the deposits of working households are being sequestered and plundered, and the lifetime efforts of working people are being raided for the needs of the war industry?
- 2.What is the Commission’s position on the fair demands of pensioners in Greece for the immediate return of all retroactive payments, based on the decisions of the Council of State, to all pensioners and not just those who appealed to the courts, as well as for the return of the 13th and 14th month pensions?
Submitted: 12.4.2025