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Wednesday, May 27, 2015

Greek Labor Minister: No Cuts in Supplementary Pensions

“The discussion is still open on the collective negotiations and the minimum wage. This does not mean that the Greek government will not proceed with the implementation of this particular commitment in any case,” stated Greek Labor Minister Panos Skourletis on Greek TV. On the possibility to be done with a unilateral action, the Minister said “even in this way.” Moreover, he noted that the implementation of the engagement for the Christmas bonus is “a parameter of the economy’s real potential.” He also said that “if the numbers at the end of the year allow it, then yes, it will be given this year. If not, we can give part of the Christmas bonus.” Skourletis reiterated there will be no cuts in main and supplementary pensions and the zero deficit clause for supplementary funds will not be implemented. He also underlined the need for an overall reform in social security aiming at securing the system’s sustainability. Regarding the course of negotiations, he stated that “we are at the final stage….there are still open issues.” Skourletis clarified that “because it is a very difficult agreement, every small detail matters.” Referring to the payment or not of the installment to the IMF on June 5, he said that “it depends on the agreement.” (source: ana-mpa)


READ THE ORIGINAL POST AT greece.greekreporter.com