Metro Plus News Greek PM says pensions to rise for first time in more than a decade

Greek PM says pensions to rise for first time in more than a decade

2022-09-112022-09-11 | Metro AdminMetro Admin | 0 Comment | am 7:03
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Greek Prime Minister Kyriakos Mitsotakis said on Saturday the minimum wage would rise again next year and pensions would increase for the first time since
the financial crisis erupted more than a decade ago.
The euro zone’s most indebted country received more than 260 billion euros of international loans between 2010 and 2015 in return for tough austerity, which included a series of pension and wage cuts.
After emerging from its third bailout in 2018, Greece exited its creditors’ so-called enhanced surveillance last month, giving it greater freedom in implementing economic policy.