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...

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