Greece needs to carry out ‘credible’ pension reforms to complete first review
European Commissioner Pierre Moscovici stressed the need for “credible reforms, as outlined in the memorandum” to Greece’s pension system in a statement as he arrived for Thursday’s Eurogroup meeting in Brussels, while noting that cooperation with the Greek government was “good“.
He said the focus with regard to Greece during Thursday’s Eurogroup will be on pension reforms, noting that several major reforms have been voted into law and will now enter into force in order for Greece’s economy to return to growth.
Moscovici also noted that the first review must be completed in order for a discussion to begin on Greece’s debt and that this required a credible reform plan for the country’s pension system.
“We will look at the necessary parameters but it is too early to talk in detail,” he added.
You may be interested
These blood types have a lower risk of contracting Covid-19Panos - Nov 27, 2020
New research adds to the growing body of evidence that people with blood type ‘O’ may have a lower risk…
Former New York Times reporter blasts Amazon for censorship over Covid-19 masksPanos - Nov 27, 2020
Former New York Times reporter Alex Berenson has slammed Amazon for attempted ‘censorship’ after the company backed down from its…
Measures against coronavirus extended until Monday, December 7Panos - Nov 27, 2020
"There are some first signs of a reduction in the number of coronavirus cases. If this pace continues, then the…