The next few weeks will be critical; the Greek Parliament needs to approve the measures, and the Eurogroup also needs to sign-off on the steps taken before the Troika agrees to commit the next round of support.
Maximos Mansion is concerned that the wounds left behind by the recent votes in Parliament might cause irreparable harm to the government, which has even more critical parliamentary tests in the next ten days. The vote on the Troika agreement next Wednesday is the first test, followed by a vote to approve the 2013 state budget scheduled for the weekend after, just hours before the Eurogoup of November 12, which will decide on the disbursement of the tranche of EUR 31.5 billion.
The controversial article on the abolition of the minimum percentage of Greek public utilities might have been approved by a majority of 148 MPs, but the tri-party coalition counts significant losses, as almost none of the critical articles approached a total of 176 members of the parliamentary groups of the coalition, protothema.gr writes.
Meanwhile, the Court of Auditors ruled as unconstitutional the provisions of the new MoU bill providing (for the fifth time since 2010) for the reduction of pensions by 5% to 10% from the beginning of 2013. Also, other provisions of the bill were deemed incompatible with the Constitution, which include increasing the retirement age by 2 years at 67 and eliminating Christmas, Easter and summer leave bonuses for pensioners.
In its ruling, the Court of Auditors referred to a “selective, unilateral and permanent burden” for employees, pensioners in this case, compared to other groups of people who evade taxes or contributions. It describes “this practice that creates unequal treatment of individuals in society, as an easy and quick way of balancing the economic data.”