News Greece Romanias: Greece’s creditors insist on pensions’ reduction

Romanias: Greece’s creditors insist on pensions’ reduction

Social Insurance ministry secretary general Giorgos Romanias in his statements made to MEGA TV indicated that Greece’s creditors insist on the reduction of pensions.
 
"They have the Hardouvelis email and they are sticked to it," he said.
 
According to Romanias, creditors "insist on the zero deficit clause" while asking not to change the laws that amend the way pensions are calculated.
 
The government has explained to them, Romanias said, that there will be an additional burden of 2 million euros. The creditors' response to the government's argument that the cost is only 2 million euros is that the issue is structural and not fiscal.
 
As for the negotiation, he said that the government insists on the red lines and added: "We do not retreat in some points that we consider essential."
 
Source: ANA-MPA 
 
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