Main opposition New Democracy (ND) leader Kyriakos Mitsotakis sternly attacked Prime Minister Alexis Tsipras in his speech in parliament on Tuesday, during the discussion of a draft bill annulling prelegislated pension cuts.
The annulment of pension cuts proves that Greece has closed the cycle of memoranda, says Achtsioglou
The annulment of the pension cuts to be voted in parliament on Tuesday proves in practice that Greece has ended the cycle of memoranda and fiscal adjustment programmes, Labour Minister Effie Achtsioglou said on Tuesday in an interview.
Pension cuts were neither legal nor necessary in Greece, European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Tuesday, stressing that Greece has returned to normality.
The draft law that, among others, includes an amendment to stop the prelegislated cuts to pensions in 2019 will be tabled and voted in parliament by next week on Tuesday, December 11.
The scrapping of pension cuts originally planned for 2019 is not a "pre-election bonus" for any party, European Commissioner for Economic and Monetary Affairs Pierre Moscovici said in an interview published on Sunday.
European Commissioner for Economic and Financial Affairs Pierre Moscovici on Wednesday in an interview spoke of the annulment of pension cuts and not their deferment.
"The pre-legislated pension cuts will not be applied as of January 1, while the package of positive measures will be higher than the 765 million euros listed in the draft budget," a senior government official said on Tuesday.
The Greek government is discussing with the European Commission the option of using part of an expected primary surplus to revoke legislated pension cuts, German Finance Minister Olaf Scholz confirmed at a press conference for foreign…
Government spokesman Dimitris Tzanakopoulos expressed his absolute certainty that the European Commission will agree with the Greek government’s position to not implement pension cuts, while speaking on Monday.
European Commision sources expressed optimism on Tuesday that a solution will be found on the issue of Greek pensions that will combine everything that has been agreed with measures to support those in need, while adding that this solution…