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(Greece) Pension reforms to apply from July, official says
http://www.ekathimerini.com/200214/article/ekathimerini/news/pension-reforms-to-apply-from-july-official-saysPension reforms to apply from July, official says
03.08.2015 : 21:46
Greece and its lenders discussing a third multi-billion-euro bailout deal have agreed that pension reforms will affect only those who retired after the end of June, Labor Ministry officials said on Monday.
When creditors agreed in July to negotiate a deal aimed at keeping it afloat and in the eurozone, Greece committed to implementing major reforms, such as scrapping early retirement, by the end of October.
Lenders want, for example, an increase in the retirement age to 67 from the nominal 62 that falls significantly depending on the number of years worked and family status.
The bailout, worth up to 86 billion euros needs to be settled by August 20 if Greece is to pay off debt of 3.5 billion euros to the European Central Bank that matures that day.
