"We have not said anything about pension cuts," Labour Min says

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"We have not said anything about pension cuts," Labour Min says

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"The social security issue was not discussed. I presented my proposals; that a structural reform of the social security system is needed so that it becomes fairer and will offer decent pensions ," Labour Minister George Katrougalos said leaving the Maximos Mansion on Tuesday after the completion of a government meeting.

Asked if he has submitted a proposal to cut supplementary pensions, he replied: "Certainly, no."

Katrougalos added that "we have not said anything about pension cuts; all our proposals refer to the rationalization of the system."

According to sources, a ministerial meeting has been scheduled for Thursday, October 22, where the bill on banks decapitalisation will be discussed and the when it will be tabled in parliament.