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Tuesday, January 12, 2016

Greece's Red Line On Pensions

Greece is in the headlines again, as Labour Minister George Katrougalos told The Wall Street Journal that Greece won't cut pensions despite demands by the Quadriga that they do so.
“For us it is a red line not to reduce pensions for a 12th consecutive time.”
The forthcoming talks with the Quadriga will be interesting.

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