Skip to main content
BBC NEWS / EUROPE
Graphics VersionBBC Sport Home
News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia | UK | Business | Health | Science & Environment | Technology | Entertainment | Also in the news | Have Your Say |
Friday, 21 March 2008, 00:16 GMT

Greece passes pension reform bill

Greek Prime Minister Costas Karamanlis. File photo Greece's parliament has narrowly passed the conservative government's controversial pension reform bill that triggered mass public protests.

The bill passed with 151 votes in favour, 13 against and 136 abstentions.

The reform is to eliminate most early retirement schemes, merge pension funds and cap auxiliary pensions.

The plans have outraged unions and civil servants. Tens of thousands of workers took to the streets on Wednesday in a series of strikes.

Athens clashes

As legislators debated the bill inside parliament, police and protesters clashed outside the building.

"The government is stealing the people's money. It's that simple," the leader of main opposition socialists, George Papandreou, said before his party's 102 deputies walked out of the vote.

"People have worked hard for their pension rights. Now, they are being taken away from them in the most arrogant way."

Protesters march in Athens on 19 March 2008 The conservatives have 152 MPs in the 300-seat parliament, but one did not vote due to illness.

A nationwide strike by civil servants on Wednesday paralysed transport and closed public offices.

Trade unions said millions of people took part in the 24-hour action, which was marked by clashes in Athens.

Re-elected last September, the conservative government of Prime Minister Costas Karamanlis wants to overhaul Greece's debt-ridden pension system.

It had warned the system faces collapse unless the sweeping reforms are implemented.

More than 130 social security and pension funds are to be merged into 13 funds, cutting administration costs.

The government also wants to raise the retirement age in some sectors, and give incentives to those who continue working after the retirement age, which currently stands at 65 for men and 60 for women.

A survey by the banking unions showed that 71% of the population opposes the pension reforms and 69% supports the strike.



E-mail this to a friend
Related to this story:
Greece to vote on pension reform (20 Mar 08 |  Europe )
Greece gripped by pensions strike (20 Mar 08 |  Europe )
Pension strike paralyses Greece (13 Feb 08 |  Europe )
New Greek government takes office (19 Sep 07 |  Europe )
Greece teacher strike talks fail (24 Oct 06 |  Europe )
Greek strike over spending cuts (11 Oct 06 |  Europe )
Timeline: Greece (08 Jan 08 |  Country profiles )
Country profile: Greece (08 Jan 08 |  Country profiles )

RELATED INTERNET LINKS
Greek government
General Confederation of Greek Workers (GSEE)
Civil Servants' Confederation
The BBC is not responsible for the content of external internet sites



SEARCH BBC NEWS: 

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia | UK | Business | Health | Science & Environment | Technology | Entertainment | Also in the news | Have Your Say |

NewsWatch | Notes | Contact us | About BBC News | Profiles | History

^ Back to top | BBC Sport Home | BBC Homepage | Contact us | Help | ©