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Greeks express concerns over pensions

07-10-2010 08:41 BJT

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The Greek Parliament has passed the country's pension reform plan. It's despite division within the governing socialist party.

Many Greeks are expressing serious concerns about their future, now with the plan set to take effect soon.

Some of the most controversial stipulations in the plan include the scrapping of benefits and raising women's retirement age from 60. In some extreme cases, the threshold will be raised from 50 to 65.

The reforms were agreed in exchange for 110 billion euro in bailout loans from the European Union and International Monetary Fund. The new law will also make it cheaper for companies to sack employees.

Unions on Thursday staged their sixth general strike this year, which virtually paralyzed public transport and services. Peaceful protest marches were held in Athens and the northern city of Thessaloniki. However, participation was relatively low.


Editor:Zhang Pengfei |Source: CNTV.CN

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