Court said to be mulling ruling declaring pension cuts unconstitutional

The Council of State are expected to rule in the coming days on whether or not a series of cuts to pensions over the years, carried out in line with the demands of international creditors, are Constitutional or not, with most of the court’s judges said to be leaning toward an unconstitutional ruling, Skai understands.

Speaking to Skai television, the SYRIZA MP and deputy parliament speaker Alexis Mitropoulos said the court’s judges regard the cuts as a violation of the Constitution.

He said the fiscal cost of such a decision, once released, will amount to between 3.5 and 4 billion euros. According to Mitropoulos, the same judges deem the proposed abolition of a zero deficit clause for pension funds, and the prospect of further cuts, as unconstitutional.

The reports come as the government is embroiled in talks with creditors who are said to be insisting on further cuts to pensions, at least to secondary pensions, as well as other economic reforms.

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