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Home International Customs

Portuguese Opposition reject move to cut current pensions, save €600m

byCustoms Today Report
28/05/2015
in International Customs, Portugal
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LISBON: Portugal’s opposition Socialist Party (PS) on Tuesday ruled out its backing any move on the part of the right-of-centre government to save €600 million by trimming the pensions of people who have already retired.

The position was announced by a deputy chairman of the parliamentary party, Vieira da Silva, who accused the government of trying to “hide behind the PS” by seeking consensus on fresh cuts to pensions.

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“We shan’t align nor shall we be partners in this saving of 600 million euros,” said Vieira da Silva, himself a former social security minister. “We shall also not be partners in this new version of the war between the generations that is being stimulated by the government, with a view to setting young workers against pensioners.”

Tags: oppositionPortuguese

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