Tags: EU | Greece | Bailout

Thousands of Greek Pensioners Protest Income Cuts

Thousands of Greek Pensioners Protest Income Cuts

Thursday, 15 December 2016 12:31 PM EST

ATHENS, Greece (AP) — About 5,000 Greek pensioners have marched peacefully through central Athens to protest years of cuts to their pensions under the country's bailout commitments.

The protest came as lawmakers prepared to vote on the left-led government's bid to give pensioners a one-off Christmas bonus next week, to compensate for a holiday bonus scrapped by creditors.

The promised handout has heightened tensions with creditors, who say the government should have sought clearance first.

But protesting pensioners said Thursday the bonus was too small.

Efstathios Bozos says it's "just a tip" that does little to compensate for a 50 percent reduction in pensions over recent years.

Greece has imposed income reductions, tax hikes and reforms since 2010 to secure the rescue loans preventing the country's bankruptcy and exit from the euro currency.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
About 5,000 Greek pensioners have marched peacefully through central Athens to protest years of cuts to their pensions under the country's bailout commitments.The protest came as lawmakers prepared to vote on the left-led government's bid to give pensioners a one-off...
EU,Greece,Bailout
132
2016-31-15
Thursday, 15 December 2016 12:31 PM
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