Verdict on constitutionality of public sector salary and pension cuts postponed
Ziarul Financiar
24.06.2010
Constitutional Court judges are set to deliver a ruling today
on the five petitions regarding the austerity laws for which the
Government pledged responsibility before Parliament. The
Constitutional Court judges debated the petitions of PSD (Social
Democratic Party) and PNL (National Liberal Party) and of the High
Court of Cassation and Justice on the unconstitutionality of the
measures to cut salaries and pensions all day yesterday, but
eventually announced they would postpone their ruling. "It will be
a long and hard debate," judge Zsoltan Valentin Puskas said at the
opening of the session. The Opposition and the judges of the High
Court petitioned the Constitutional Court on the austerity laws for
which Emil Boc's Government pledged responsibility in Parliament
last week.
An unconstitutionality verdict, i.e. implicitly a "yes"
answer to the petitions of the Opposition would mean freezing of
the IMF agreement on which the financing of the country depends. If
the austerity package passes, entailing a 25% and 15% cut of
salaries and pensions, then approximately 10 billion RON will be
saved by the end of the year.