The imminent reform in the Greek pension system will be accompanied by a series of measures that aim to save about 1 billion euros, claims an article in the Naftemporiki newspaper. Specifically, the Greek government must include measures that amount to 0.25% of the GDP for 2015 (about 425 million euros) and 1% of the GDP for 2015 (about 1.8 billion euros).

About 200 million euros will come from cuts in supplementary pensions, 223 from the “EKAS” benefit and a further 108 million euros from raising taxes for farmers. By raising insurance contributions by 1%, the government hopes to generate a further 346 million euros.