PASOK leader: We say no to pension cuts and the increase of contributions

PASOK leader Fofi Gennimata met with on Monday with Labour Minister Giorgos Katrougalos in order to be briefed about the new social security draft law.

After their meeting Mrs. Gennimata said that PASOK will not consent to further pension cuts or increased social insurance contributions while calling on the government to negotiate “seriously and responsibly”.

She also expressed PASOK’s position which is in favour of boosting pension system funds using revenues from privatisations.

“At the presidential mansion, the prime minister asked us to simply make a wish for the pension system. PASOK offers a major negotiating bonus. We say no to pension cuts, to the increase of contributions that undermines growth and jobs. We say yes to increasing funds for the pension system with a part of the revenue from privatisations,” she said.