Two of the measures required by Greece’s creditors in order to release a third bailout plan of over 80 billion € were voted in by parliament leaving MPs now having to legislate over labor laws this August.
After the Greek parliament voted in its creditors’ first two measures, several pensions related regulations would be quickly implemented. Penalties will be incurred for retiring before age 67. Social contribution payments from pensions will be raised by 1% on primary pensions and by 5% on supplementary pensions.
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