Question mark over pension cuts in 2019 draft budget as Athens looks to lenders

EconomyProgramme Tags: Budget, Eurogroup, IMF
Photo by MacroPolis
Photo by MacroPolis

The Greek government will not include next year’s pension cuts, or will at least present a scenario in which they are not implemented, in the 2019 draft budget due to be submitted to Parliament on Monday as it steps up its efforts to scrap the measure, which was pre-legislated last year.

A senior government official told journalists on Friday, at the sidelines of the UN general assembly in New York, that the 1 percent of GDP in pension spending reductions would not be included in the draft budget and that some of the fiscal counter-meas...

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€450.00

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.