Pension

Public transport to grind to a halt Tuesday

There will be no tram, metro, ISAP railway, trolley or bus service Tuesday due to the participation of workers in a 24-hour strike in protest at the government's social security bill.
In a statement on Saturday, the Athens Urban Rail Transport Company (STASY) denounced the new legislation, saying the government has not kept its promise to increase pensions.

NSSI: Average Insurable Earnings in Bulgaria for December 2019 was BGN 1,063.32

The National Social Security Institute (NSSI) has reported that the average insurable earnings in Bulgaria for December 2019 was BGN 1,063.32, said the NSSI press office, Focus News Agency reported.
The average monthly insurable earnings for the period from 01 January 2019 to 31 December 2019 stood at BGN 986,52.

Greek public sector workers to strike over pension bill on Feb. 18

The civil servants' union ADEDY has called a 24-hour strike for February 18 in protest at the conservative government's legislation on pensions which is to go before a vote in Parliament this month.
According to ADEDY, the bill perpetuates austerity measures introduced by governments during the crisis years, including auxiliary pension cuts of up to 50 percent.

President Iohannis on IT sector tax exemption: We must consider the introduction of taxes, maybe progressively

President Klaus Iohannis said on Monday that the idea of the equal tax treatment is "basically true", but in the case of the IT sector, where salaries are exempt from the income tax, the authorities need to take into account the fact that this sector has increased in the past ten years from "something insignificant to 6 per cent of the GDP." The head of state was asked if the tax exemption for

ADEDY set to strike over pension reform

The civil servants' union ADEDY has heralded strike action as soon as a bill with the government's pension reform is tabled in Parliament.
ADEDY's executive committee indicated on Thursday that it would proceed with a 24-hour strike on the day the bill goes to the House, in line with a decision taken during its session last week.

Pension's increase by 40 pct as of September, depending on economy's evolution, PM Orban says

Prime Minister Ludovic Orban said that money is scheduled in the state budget for the pensions' increase by 40 pct as of September, but this measure's enforcement is not 100% certain because everything depends on how the economy evolves. "Should we manage to ensure a solid economic trend, a consolidated economic growth, to relaunch investment, to improve collection.

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