NEWS

Greek pensioners take to streets of capital to protest further cuts

TAGS: Society, Economy

Hundreds of Greek pensioners gathered in central Athens on Tuesday to protest commitments made by the leftist-led government to the country's international creditors foreseeing further pension cuts.

In comments to the Athens-Macedonia news agency, the head of the union of pensioners insured with the Social Security Foundation (IKA), Dimos Koumbouris, called for the abolition of the so-called Katrouglas Law, named after Giorgos Katrougalos, the former labor and social security minister, describing its provisions as "lethal." 

The recalcuation of pensions introduced by the Katrougalos Law was "torture," Koumbouris said, noting that it effectively led to the cutting of three or four monthly pension payments.

Koumbouris said pensioners would keep protesting until the law is revoked. 

 

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