Greek deputies approved July 7 a bill on the reform of the private-sector pension system, which raises the retirement age to 65. The new measure also calls for increasing to 40 years payments into the pension fund, up from 37. A second bill proposing the same retirement age for public sector workers is scheduled for a parliamentary vote this week, Agence France-Presse reports.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.