Bomb drops… There will be slashes to pensions! (video)

George Romanias, General Secretary of Social Security, dropped a bomb during his interview with the morning show on private TV ANT1 by stating that he will not cancel out the ‘zero deficit’ clause on pensions but will ‘freeze’ these indefinitely. “Whether the ‘zero deficit’ clause is abolished or suspended, there will be pension reductions,” he said.

Former labor, social security and welfare minister Giannis Vroutsis tweeted: “The mask of populism has dropped! Another pre-election trick to pensioners comes to an end. The zero deficit clause is not being abolished!”

A Radical Left Coalition (SYRIZA) government non paper on Friday afternoon stated that the government “would legally abolish the zero deficit clause for auxiliary pensions so that these remain as they had been formulated on December 31, 2014.”

Continue reading on: