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> Economy

‘Quartet’ asks for significant reduction in double pensions

Greece's lenders ask for stricter measures involving significant reduction in high primary pensions, double pensions and supplementary pensions

Newsroom February 8 12:50

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Despite the diplomatic statements that both sides understand the need for a fair agreement, the actual negotiation talks begin now, since during their 5-day visit the representatives of the institutions expressed only their objections and considerations about the proposals of the Greek government.

Specifically, Greece’s lenders ask for stricter measures involving significant reduction in high primary pensions, double pensions, supplementary pensions and lump sum so as to cover the fiscal gap, targeting first those who receive two pensions (lawyers, judges, doctors, engineers, etc.), and pensioners who get a 2,000 euros pension in total, including any widows’ pensions and supplementary pensions.

The proposal of the Greek government is to provide a cap on multiple pensions of 3,600 euros cutting them to 3,000 euros, while lenders ask to reduce the amount to 2,000 euros.

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