Bulgaria and Romanish are increasing pensions

The Romanian government increased pensions by more than 20 percent in November, announced the publication Balkansite. Analysts argue that this is related to parliamentary elections. The decision follows the plan of central government in Eastern European contry from last year's double increase in pensions between 2008 and 2009 year, which brought a lot of criticisms of many rating agencies.
Pensions have a significant impact on inflation. The decision of the cabinet is a way to attract the interest of the electorate, says economic analyst Radi Soviani. The average pension in Romania is around 100 euros. The Bulgarian government is also preparing to increase the money for older people. More than 60 percent of older people in Bulgaria will receive higher pensions after their recalculation from 1 October this year. This is clear from today's changes in the Social Security Code during the meeting of the National Council for cooperation involving Social Minister Emilia Maslarova. From 1st July in Bulgarian minimum pension insurance experience and age is U.S. $ 113.49, adopted the National Assembly. Since the beginning of January to June 30, 2008 the minimum pension for the experience was U.S. $ 102.85.
Labels: Financial News

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