November 2018 mandatory private pension funds reach over 48 billion lei assets, up 23.51pct

The mandatory private pension funds had assets worth 48.19 billion lei on 30 November 2018, up 23.51 percent from the level registered in the similar month of the previous year, according to the data of the Financial Supervisory Authority (ASF).

Cartel Alfa urges National Tripartite Council for Social Dialogue be mustered, to cancel social conflicts

The Cartel Alfa National Trade Union Confederation announced that it has demanded for an emergency mustering of the National Tripartite Council of Social Dialogue as a minimal condition with a view to cancel the open social conflicts that might trigger following the adoption of the OUG (Government Emergency Ordinance, ed.

Eurozone waves Greek budget through

The eurozone finance ministers have formally approved the Greek budget for 2019, waving it through Monday's Eurogroup meeting.

With the government readying the amendment that cancels the pension cuts for 2019, attention now shifts to the particularly important second European Commission report on Greece in February, as that is directly linked to debt easing measures.

Bulgarian Pensioners go to National Protest, Outraged and Bitter

Bulgarian pensioners are coming to a second national protest through the National Assembly, because of the indifference of the government to their problems. The protest will be held today, during the discussion of the draft budget for 2019. Before Darik, one of the organizers of the protest, Gen.

Romania has over 4.6 mln pensioners end-October, average pension amounts to 1,180 lei

A number of 4,686,309 pensioners was recorded end-October in Romania, with the average monthly pension standing at 1,180 lei (rd 253 euro), 109 lei over the one recorded in the similar period of last year, according to data released by the Public Pensions National House (CNPP).