Lenders' visit concludes with no firm answer on pension cuts

EconomyProgramme Tags: Eurogroup, Pensions, Reforms
Finance Ministry
Photo by MacroPolis

The first post-programme inspection by the institutions is due to be wrapped up on Friday with no final decision on whether the pension cuts due to be implemented next year will be called off, but with the Greek government confident that it will be granted this concession by its lenders.

Government sources suggested on Thursday that the reduction in pension expenditure legislated in 2017 will not be included in the 2019 budget, which Greek Parliament is due to approve in December. This provided further confirmation that Athens is confid...

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