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Friday, March 31, 2017

BoG Chief: Greece’s Pension System Is Bankrupt, Reforms Necessary

Greece’s current pension system is bankrupt and in need of reforms, such as raising the age of retirement to 70, said Bank of Greece Governor Yiannis Stournaras on Thursday. Speaking during an Economist conference on private insurance, Stournaras said that, “This framework of continuous pension cuts shows that an adequate and sustainable “purely social security” […]


READ THE ORIGINAL POST AT greece.greekreporter.com