Labour Minister George Katrougalos spoke to plenary session on the government’s policy statements and said that there will be no horizontal cuts to pensions.

“We will not impose horizontal cuts and we will ensure the redistributory nature,” Katrougalos said, implying that the government has already decided on cuts and announced that the draft bill for pension reform will be ready within November

“We have no intention of legislating through correspondence or carrying out whatever is sent to us from abroad. We intend to promote policies with a leftists and social face,” he told MPs.