Govt Rejects Wage, Pension Cuts to Fill Budget Gap

Govt Rejects Wage, Pension Cuts to Fill Budget Gap

Greece’s coalition government decided that it will not cut further wages or pensions to meet demands from its international lenders for more budget savings next year, Reuters reported.
The government adopted an updated policy agreement stating that a growing economy is the only way to viably reduce Greece's debts and deficit, Reuters said.
"Greece can convincingly argue that it can't and shouldn't take new fiscal measures curtailing wages and pensions," it said in the agreement.
Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.