‘Shame on you’ chant Greek pensioners over bailout cutbacks

Several hundred elderly Greeks shouting “shame” marched through Athens on Tuesday protesting against deep cutbacks to pension payments ordered by the indebted country’s creditors.

In weak autumn sun and a city teeming with tourists, pensioners took to the streets angered by more than a dozen rounds of cuts since Greece toppled deep into crisis in 2010. More cuts will be on the way in 2019, under further reform to pension regulations.

Creditors including the EU and the IMF took some of the blame. But the protests were focused on the leftist SYRIZA party which swept to power in 2015 promising to do away with austerity, then had to accept further cuts in return for a third multi-billion euro financial lifeline.

 

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