Personal finance

Over EUR 6bn pledged for anti-coronavirus measures

With the first stimulus package, passed in parliament on 2 April, the government wanted to prevent the situation from worsening at the outbreak of the epidemic.

It took measures worth around EUR 3 billion to help companies and households, and at the end of April made some corrections to cover more groups.

PM Orban: Pensions, to increase depending on real possibilities

The government has as priority the payment of pensions and salaries and will increase the pensions, but only after a very serious analysis, depending on the real possibilities, so as to have the guarantee that they can be paid, Prime Minister Ludovic Orban stated on Wednesday night at the private broadcaster Realitatea Plus.

Income of Bulgarians Increases by 12% for the First Quarter

An increase in the income of Bulgarians of over 12% at the beginning of the year was reported by the National Statistical Institute. The average income already exceeds BGN 1,700 per month.

At the same time, the total costs increase by less than 6% or average is about BGN 1,480.

The highest incomes are from salaries, followed by pensions.

PM Orban: CCR showed it doesn't want justice in retirement system

Prime Minister Ludovic Orban said that, through the decision regarding special pensions, the Constitutional Court of Romania (CCR) showed that "it doesn't want justice to exist in the retirement system." "Through this decision, the Constitutional Court showed that it doesn't want justice to exist in the retirement system, that it seeks to maintain a privileged system of calculating pensions for

LabMin Alexandru: No risk of pensions not being paid; we're trying to pay them earlier

The funds for pensions and social benefits have been embedded in the budget and we are trying to reach beneficiaries even earlier, says Minister of Labour and Social Protection Violeta Alexandru. "The pension money is embedded in the budget.

Greek schools, universities to close for 14 days to contain spread of coronavirus

Greek Health Minister Vassilis Kikilias on Tuesday announced the closure of all schools and universities to close for 14 days as part of efforts to contain spread of coronavirus. 

The decision relates to all state and public schools, kindergartens and universities, Kikilas said, adding that the measure is preventive and aimed at reducing the spread of the virus. 

EC: Romania has made limited progress in addressing the 2019 country-specific recommendations

Romania has made limited progress with the 2019 country-specific recommendations, taking into account that the substantial progress made in the financial and banking sectors have been counteracted by the lack of progress regarding the fiscal framework, the public pension system, the minimum inclusion income, predictability in the decision-making process and the governance of state-owned compani

Pages