Advertising Console

    Pensions hit as Greece tightens belt

    Repost
    36 views
    The austerity package adopted by the Greek government has hit pensions hard. A pension reform unveiled this week would reduce average retirement payments by seven percent by 2030 and cut the highest pensions by up to 14 percent. The reform would also raise the average effective retirement age by two years to 63.5, curbing Greece's widespread early retirement schemes. Duration: 02:22.