Greece has promised not to roll back any ongoing or completed privatizations and ensure that any state spending to address a "humanitarian crisis" does not hurt its budget, according to a document containing its reform plans seen by Reuters on Tuesday. On the issue of minimum wages, for example, Prime Minister Alexis Tsipras's government climbed down from election pledges to raise the level immediately. Athens also committed to consolidating pension funds to achieve savings, and eliminate loopholes and incentives for early retirement - in an apparent effort to find a compromise between the government's objective of avoiding any further pension cuts as previously demanded by EU and IMF inspectors. Athens sent the six-page document to its European Union and International Monetary Fund creditors late on Monday.
via Business News http://ift.tt/1Fnju4l
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