ECONOMY

No troika demand for pensions to under-60s to stop, says minister

Labor Minister Yiannis Vroutsis has denied a report that the troika has demanded that nobody in Greece under the age of 60 be able to claim a pension.

In a statement on Sunday, Vroutsis insisted that there had been no such discussion and said such a request would not be accepted by the government.

Greece recently raised the official retirement age to 67. The average age of labor market exit for men was 62.4 in 2009, according to the Organization for Economic Cooperation and Development.