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Director / Editor: Victor Teboul, Ph.D.
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As Finances Improve, Greece Scraps Pension Cuts

Greece's parliament on Tuesday voted to scrap plans to cut state pensions, in a motion led by the left-led governing coalition hoping to shore up its flagging support ahead of a general election next year. Athens agreed two years ago to cut pensions in 2019, in an attempt to placate lenders and get the International Monetary Fund (IMF) to back a third financial bailout the country clinched with its euro zone partners in 2015. Eventually the bailout, worth up to 86 billion euros,...

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