Pension
Romania Puts Cap on Special Military Pensions
Romania's Social Democrat-led government said on Friday it would cap special pensions for the military and secret services to keep spending in check, Reuters reports.
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Vucic promises average wages of "almost EUR 500"
Serbian President Aleksandar Vucic has announced "significant salaries and pensions hikes" by the end of the year.
"Salaries will be increased on a permanent basis, pensions will be increased. So this year there will be a significant increase in salaries and a more significant increase in pensions than in previous years," Vucic told TV Pink.
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President promises average wages of "almost EUR 500"
Serbian President Aleksandar Vucic has announced "significant salaries and pensions hikes" by the end of the year.
"Salaries will be increased on a permanent basis, pensions will be increased. So this year there will be a significant increase in salaries and a more significant increase in pensions than in previous years," Vucic told TV Pink.
Lawyers' appeal to EU over pension reforms
Greece's bar associations have appealed to the European Commission to initiate proceedings against the Greek government over pension reforms that they say, coupled with the existing tax burden, have had a binding effect on freelancers' incomes.
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IMF: Germans to retire later, save less and spend more
The International Monetary Fund has urged German authorities to raise the effective retirement age above 67, saying an aging population could work longer and hence save less and spend more.
Digital tenders save millions
The digitization of tenders for public contracts has led to savings of up to 10 percent of expenditure for procurements, or 340 million euros in just one year, official data show.
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Minimum Retirement Pension Up To BGN 180
Bulgaria's Parliament voted to approve on 28th of June to increase the minimum retirement pension to BGN 180 (EUR 90) per month as of 1st of July and to BGN 200 (EUR 100) as of 1st of October 2017.
The decision was adopted unanimously at second reading, with 202 MPs voting in favour, no one voting against or abstained.
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Shipowners extend voluntary contribution for another year
The Union of Greek Shipowners (EEE) decided at an extraordinary general meeting on Monday to extend the voluntary contribution its members pay to the Greek state for another year - i.e. through 2018.
The state has already budgeted for the collection of 40 million euros from this voluntary contribution for next year.
Despite cuts, pensions are best protected
Poverty data from the Hellenic Statistical Authority (ELSTAT) illustrate the timeless significance of pensions when it comes to containing poverty risk in Greece, and the protection of sorts they provide for pensioners when compared with other social groups such as the unemployed or women.
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Bulgaria's Parliament decided to increase the minimum retirement pension
Bulgaria's Parliament decided on 21st of June to increase the minimum retirement pension to 180 BGN (90 Euro) as of 1st of July and to 200 BGN (100 Euro) as of 1st of October 2017.
The decision was adopted unanimously at first reading, with 187 MPs voting in favour. The bill has been submitted by the Council of Ministers.