State Audit Council deems pension cuts unconstitutional

Wednesday, May 10th, 2017
Last Update: 09:32

Providing its opinion on the proposed pension cuts to be implemented in 2019, the Greek State Audit Council has ruled that these are unconstitutional as they contravene both the European Convention of Human rights and the Greek Constitution, since they have been tabled without an actuarial study.

Its decision may be seen as a prelude of a negative ruling by the Greek High Court.

The latter has in the past called for the reversal of several program-imposed wage and pension cuts such as the ones levied on armed forces workers and judges.

Note that a bill, outlining the pension cuts and other measures agreed with creditors is due to go to a vote in Parliament next week.

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