Govt source in Athens claims pension cuts avoided, and that higher spending OK'd

The latest "spin" out of Athens regarding the Tsipras government's stepped up attempt to avoid already pre-legislated pension cuts, set for implementation on Jan. 1, 2019, came on Tuesday morning, with a "high-ranking government official" claiming that not only will the measure be suspended but that countervailing state spending will be higher, by 765 million euros.
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