Coalition poised to unveil pension reform proposals, hoping to avoid cuts

EconomyProgramme Tags: Pensions
Photo by MacroPolis
Photo by MacroPolis

The Greek government appears to have finalised its proposals on pension reform and is set to submit them to the institutions ahead of the start of the first programme review in mid-January.

The third memorandum of understanding (MoU) calls for pension cost savings of 1 percent of GDP, which corresponds to around 1.8 billion euros for 2016.

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