Gov’t and lenders present their road map for the negotiations on social security

Greek side aims to immediately reach an agreement

The second round of negotiations between Greece’s lenders and the government started on Wednesday by recording the variations and gaps concerning the main open issues.

The Greek side aims to immediately reach an agreement during the ten-day stay of the representatives of the institutions.

Labor Minister Giorgos Katrougalos said that the two sides presented a road map for the negotiations on social security which is made up of four parts: The architecture of the system (national pension and replacement rates), measures for farmers and the self-employed and the government’s new proposals which were submitted to the institutions, the recalculation of 2018 pensions and the way to implement personal disputes, and supplementary pensions.

He also said that his aim is to examine initially the first three issues and to leave supplementary pensions last.