No pension cuts in 2019 budget, says Dragasakis

Greece’s 2019 budget will not include pension cuts but relief measures for low income groups, said government Vice-President and Economy and Development Minister Yiannis Dragasakis on Thursday.

In an interview with radio station REAL FM, the minister said that Greece can back up its demand not to slash pensions with creditors on the grounds that it will harm the economy.

“I believe that the prime minister and the government, with these arguments, will secure in the end that there will be no cuts to pensions.” said Dragasakis.

“We have passed from the budgets of cuts, to budgets that have room for tax relief measures and moves to improve the social state and boost income levels,” he said.