PES Leader Stanishev: Bulgarian Govt's Retirement Reform Is Illegal

Politics » DOMESTIC | December 2, 2011, Friday // 10:14
Bulgaria: PES Leader Stanishev: Bulgarian Govt's Retirement Reform Is Illegal PES and Bulgarian Socialist Party president Sergey Stanishev speaking at a press conference in Sofia Tuesday. Photo by BGNES

Bulgaria's ruling centrist-right GERB is violating the law with the retirement reform it has proposed, according to Sergey Stanishev, the newly elected interim president of the Party of European Socialists.

In an interview for the private Nova TV channel on Friday, Stanishev, a former Bulgarian PM (2005-2009), declared that his Bulgarian Socialist Party opposes even the gradual increase in the country's retirement age with four months each year until 2014.

The gradual retirement age increase was proposed by GERB as a result of a massive protest that took place in downtown Sofia on Wednesday. Some 30 000 employees gathered in the Bulgarian capital to express their outrage over GERB's initial decision to up the retirement age for all workers with one whole year starting January 2012.

The increase of the retirement age should only be implemented if all other possible measures have been undertaken, Stanishev stated on Friday. The former Prime Minister pointed out that the average life expectancy in Bulgaria is lower that of the other EU countries, in which the retirement age is being increased more gradually.

Stanishev further accused the current government of "doing nothing to increase the state budget revenues." According to the socialist leader, the cabinet is now the most unpredictable factor in the country, which he deems inappropriate in times of crisis.

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Tags: Sergey Stanishev, Party of European Socialists, retirement reform, Retirement age, GERB

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