Piecemeal process likely in drive for more fiscal space
Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover
Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
Lenders set out key review issues as Athens tables proposals for fiscal space
Mission chiefs pick up fifth review baton as Greece mulls new bond issue
Athens steps up drive for fiscal space as fifth post-MoU review continues
Greek pensions: The thorniest issue in talks between Athens and lenders
As Greece and its lenders make a new push to conclude negotiations that could secure more bailout funding, it is certain that the country’s pension system will prove one of biggest obstacles to a deal.
Following requests by Greece’s creditors, the previous government passed legislation that would lead to a reduction in supplementary pensions by introducing a zero deficit clause that would prevent the state from subsidising these payments.
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