Few thousands of Croatian workers and union members gathered in Zagreb's Europe Square on Saturday to show their bitter disapproval of planned pension reforms.
Dozens of new hotels are expected to open in the center of Athens in the next few years, as the anticipated growth of tourism in the capital has generated fresh investments, either being spent on renovating and reopening existing units or giving decrepit office buildings a total makeover, while demand for empty buildings to be used for tourism purposes is soaring.
The New Economic Plan (YEP) presented by Treasury and Finance Minister Berat Albayrak on Sept. 20 includes changes in the regulation of the Private Pension System (BES), making wage earners obliged to stay in the plan for three years.
Current estimates show that the upgrading of pensions from July 1 next year will be higher than in recent years. All pensions are expected to be raised by 5.7%, Labor and Social Policy Minister Biser Petkov told bTV on Tuesday. He explained that this was a direct consequence of the increase in income.
The government's recent announcement on the upcoming reduction of social security contributions constitutes a direct admission that the law introduced by former social security minister Giorgos Katrougalos has since 2016 served as a mechanism for confiscating up to 70 percent of the incomes of thousands of self-employed professional, mainly lawyers, engineers and doctors, say sector representat
According to the new pension bill, about 65 percent of the employees will only collect the minimum pension, president of the 'Cartel Alfa' National Trade Union Confederation Bogdan Hossu told a press conference in Zalau on Wednesday.