Bloomberg News

Greece to Protect Social Security Funds, Finance Minister Says

October 25, 2011

Oct. 25 (Bloomberg) -- Greek Finance Minister Evangelos Venizelos said the solution reached on making Greece’s debt sustainable will include measures to protect the country’s social security funds.

“Any solution for the long-term sustainability of public debt will be accompanied by measures which not only maintain but also visibly improve the current level of assets held by Greek social security funds,” Venizelos said in an e-mailed statement from the Athens-based ministry today. “The government has planned and is decided to undertake all necessary measures to ensure its social and insurance policies.”

To contact the reporter on this story: Paul Tugwell in Athens at ptugwell1@bloomberg.net

To contact the editor responsible for this story: Maria Ermakova at mermakova@bloomberg.net


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