Cypriot gov’t works on plans amid public...
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Cyprus’ government is preparing reaction scenarios in case the Supreme Court ratifies a ruling that salary and pension cuts in the public sector as part of the 2013 bailout are unconstitutional, Finance Minister Constantinos Petrides said on Sunday. The country’s Administrative Court ruled a year ago that a freeze on incremental pay rises — a 3 percent contribution to pensions, and a reduction in civil servants’ pay were in violation of article 23 of the constitution regarding the protection of the...
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