PM Orban says pensions to rise by whopping 14 pct Gov't pledges to finance
Publicat:Prime Minister Ludovic Orban announced Friday that the government will adopt a decision to increase pensions by 14 percent, adding that rising retirement benefits was a "difficult decision", but that the Executive commits to this measure and provides guarantees that the amounts will be effectively paid.
"The health crisis has caused an economic crisis. Despite that - and I say this again - although I know of no other European country to have taken a similar decision, the government will increase pensions by a substantial 14 percent. It is an extremely large rise, which we commit to be…
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