Turkey- Greece Could Change Pension Reform Plans amid Protests
(MENAFN- The Journal Of Turkish Weekly) Greece's government is set to backtrack on some ideas in its proposed pension reform following negotiations withinternational lenders daily Kathimerini writes.
Athensis prepared to lower a planned rise of social security contributions to 1.0 percent down from 1.5 percentage points initially proposed due to "objections" coming from creditors.
A proposed 50 percent tax rate for earnings above EUR 60 000 will also possibly be lowered the English-language of the daily quotes sources as saying.
This comes after a general strike was held inGreeceon Thursday but also after days ofprotestsby Greekfarmerswho have been setting up blockades at key junctions across the country and at the border crossings with neighborsincluding Bulgaria.
Both the strike and the ongoing protest are directed at the package of austerity measures that includes the pension and tax reform with participants calling on the government to withdraw its plans and prepare new bills with the participation of business unions.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.