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Greece to freeze public sector pensions

By   || February 9, 2010 at 15:22 GMT
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Greece is applying loads of tough love which is sure to raise hackles.

Public pension payments above EUR 2,000/mo are being frozen while those below that level will be given a 1.5% raise. Public sector salary supplement s will be cut 10%.

EUR/USD is firm, now at 1.3757.

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