No pension cuts. No pension cuts, just a VAT increase. This is the latest development of the difficult anticrisis measures the Romanian government has to take. On Friday, June 25th, the Constitutional Court rejected one of the key provisions of the severity program (see our dispatch No. 100384) – the 15% pension cut, and said that this measure was unconstitutional. However, the 25% cut in civil servants’ wages was validated.
ay, June 25th, the Constitutional Court rejected one of the key provisions of the severity program (see our dispatch No. 100384) – the 15% pension cut, and said that this measure was unconstitutional. However, the 25% cut in civil servants’ wages was validated.
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