Tag: pension cuts

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Government to cut pensions by €5.7 billion by 2021

Panos - Jun 30, 2017

According to data in the midterm fiscal plan recently passed by the Greek government, in four years the average pension in Greece will be just €620 (AUD…

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IMF calls for more pension cuts, greater debt relief in report

Sokratis - Sep 24, 2016

The International Monetary Fund called for Greece to cut pensions and taxes and for its lenders to provide significant debt relief in order for the country to…

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Coalition working on scenarios for pension cuts but also pressing IMF over forecasts

chris1 - Feb 21, 2016

The Greek government is working on scenarios that include cuts to pensions above 1,000 euros a month in a bid to secure an agreement with its lenders…