EuroWorking Group Suggests Greece Can Meet Targets Without Pension Cuts



The “EuroWorking” group, an advisory body to the Eurogroup of the European Union, was ”broadly positive” on Thursday regarding the Greek state budget and the European Commission’s suggestion that Greece can meet the 3.5 per cent primary surplus target in 2019 without cuts to the country’s pensions.

According to a well-informed source who spoke with state-run A.M.N.A., the positive measures provided in the Greek State Budget will support the country’s prospects for growth, and were seen in a positive light.

The final decision regarding the issue of pension cuts will be taken at the Eurogroup meeting in December. All the Eurozone member-state budgets, along with the European Commission’s suggestions which will be issued on November 21, will be discussed at that time.

With information from A.M.N.A.