ATHENS Nov 1 Greek pension reform demanded by
foreign lenders may be unconstitutional, a Greek court ruled on
Thursday, in a setback to the government's efforts to seal a
deal on an austerity package needed to secure aid.
The Court of Auditors, which vets Greek laws before they are
submitted to parliament, said measures such as increasing the
retirement age by two years to 67 and cutting pensions by
between 5 and 10 percent could be against the constitution.
The court said cutting pensions for a fifth consecutive time
since the country's first bailout in May 2010 violated a string
of constitutional provisions.
Greek lawmakers, who are expected to vote on the cuts next
week, may disregard the court's opinion. But ordinary Greeks
could still cite the ruling to fight pension reform in court,
making it difficult to implement even if legislated.