Noted economists write open letter to caution against 40 pct increase of pension point
Publicat:A 40 percent increase of the pension point at this moment must be avoided, because the economy cannot support it, and should the measure be implemented, the gradual fiscal/budgetary consolidation that would protect the economic recovery will come under pressure, reads an open letter signed by Academician Aurel Iancu, Fiscal Council president Daniel Daianu, chief economist of the National Bank of Romania Valentin Lazea, Alpha Bank Romania chief economist Ella Kallai and founding economist of the Consilium Policy Advisors Group, Laurian Lungu, according to AGERPRES.
"The fight against the…
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