Stability cannot exist without a new pension system, says FinMin Tsakalotos
“Without a new pension system, we cannot have stability,” Finance Minister Euclid Tsakalotos on Monday said during a book presentation in Athens.
Tsakalotos pointed out that he has a duty as a Finance Minister to contribute to a stable economy through income redistribution and widely expanded tax base. He added that in his recent meetings with the six finance ministers of the eurozone at the Eurogroup, he told them that Greece cannot tolerate any further reduction in pensions, as they have already been cut eleven times.
“Pensions in Greece often correspond to family income,” he explained to his counterparts, because an entire family in Greece may live on a pension.
You may be interested
The most corrupt countries in the worldmakis - Feb 22, 2018
The Corruption Perception Index (CPI) – a list of the world’s most and least corrupt countries – for 2017 has…
Greek President Pavlopoulos calls on Turkey to abandon aggressive tactics against Greece and EUmakis - Feb 22, 2018
The President of the Hellenic Republic, Prokopis Pavlopoulos, sent a clear message to Turkey and FYROM, during his meeting with…
Shock: Pakistani men arrested for the rape of a 13-year-old boymakis - Feb 22, 2018
The local community at Evia, Greece is outraged and shocked after it was revealed that a 13-year-old boy was raped…