ESM puts a damper on complete abolition of pension cuts
'Although Greece has the fiscal space this year, it is not sufficiently large to completely cancel pension cuts that have been agreed upon,' said ESM chief Klaus Regling
'Although Greece has the fiscal space this year, it is not sufficiently large to completely cancel pension cuts that have been agreed upon,' said ESM chief Klaus Regling
It is impossible for a society that is economically pressured and a market that is bedeviled by over-taxation to lead the economy to a growth path. Without growth, it is impossible to create new jobs. In other words, the numbers prosper, even though the unemployment queues are endless.
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