Tangle over Greek pension cuts continues

The way the European Commission presents the reforms it wants Athens to implement to the Greek pension system does not appear to tally with the Greek government’s understanding of what actually is on the table. On 15 June, Commission spokesperson Annika Breidthardt called it a „gross misrepresentation of facts to say the institutions are calling or have called for cuts to individual pensions“. The lenders insist on a „large sum from pension cuts – 1% of GDP,“ Euclid Tsakalotos, the…