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President Klaus Iohannis said on Wednesday that the intention of the Social Democratic Party (PSD), major at rule, to "change" pillar II pensions is "very bad news," adding that such option was not in the party's governance programme.
In his opinion, this is "the beginning of the end."
"They will find new ways to persuade people not to contribute to Pillar II and to switch to Pillar I. (...) The Romanians should have been warned before the elections that PSD has this intention. This option is nowhere in the government programme," added Iohannis.
