Greek finance minister Yannis Varoufakis told Irish radio on Friday (26 June) morning that creditors’ ideas for deeper pension cuts are “absurd”.
“We have 1 million families, where the whole family, parents, grandparents, grandchildren, are living off the single pension of one grandparent. To suggest it would be preferable to reduce that single pension is utterly absurd and it’s a position I’m simply not prepared to put to my parliament.”
With creditors’ and Greek proposals flyin...
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Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.