Government’s plans to curb pension hikes remain on track

The government’s plans to slow down the indexation of pensions and tighten conditions for early retirement remain on track following a heated 13-hour marathon debate in the lower house on Thursday. Deputies argued late into the night, but the opposition parties failed to block the proposal in the first reading as planned. The amendment will now be debated by the Social Affairs Committee in the Chamber of Deputies. The opposition parties are vehemently opposed to the proposed amendment claiming that the government’s cost-cutting measures will hurt the weakest groups in the society.