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Greek pensioners fear new deal with lenders

Wednesday, April 05, 2017 - 01:26

European Economic and Financial Affairs Commissioner Pierre Moscovici believes a deal on the Greek bailout is possible in the coming weeks. But, as Sonia Legg reports, pensioners fear it may be at their expense.

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Many have lived through worse - but that doesn't make these Greek pensioners any less angry. They say they can't afford another cut to their income (SOUNDBITE) (Greek) PENSIONER, MARIA GEORGAKOPOULOU, AGED 79, SAYING: "Apart from the disabled, everyone should take to the streets, because it is certain that there will be more cuts. It's making us so poor you even think twice about buying yoghurt." The Greek government is currently negotiating new austerity measures in return for the next bailout installment from lenders. Any reduction to pensions would be the 12th in seven years. (SOUNDBITE) (Greek) PENSIONER STELIOS, AGED 73, SAYING: "Enough already, what else is there to say, we've had it up to here. They have looted us." Greece's next debt payment is due in July. But the European Commission wants a deal sooner rather than later. (SOUNDBITE) (French) EUROPEAN ECONOMIC AND FINANCIAL AFFAIRS COMMISSIONER, PIERRE MOSCOVICI, SAYING: "I continue to believe that a technical agreement is not only possible but is also necessary to limit risks linked to a delay and avoid compromising last year's positive budgetary performance." But Moscovici admits agreement requires "difficult political decisions" and true commitment from all parities. Where that leaves these pensioners isn't clear. Talks in Brussels will continue until a meeting of euro zone finance ministers on Friday.

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Greek pensioners fear new deal with lenders

Wednesday, April 05, 2017 - 01:26