PENSION HIKE
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Analysis
Fitch: Romanian Pensions and Politics are Key to Fiscal Prospects
The Romanian government's proposed 14% pension increase from September would reduce the challenge of consolidating public finances compared with the previously budgeted 40% increase, Fitch Ratings said.
Macroeconomics
Romanian Government To Raise Pensions By 14% Despite Economic Downturn
Romania's liberal government plans to raise pensions by 14% this year through a budget revision decree it will debate Friday, prime minister Ludovic Orban said.