Lenders' report reveals long-term savings from pension reform, which also offset court ruling

EconomyProgramme Tags: Pensions
Photo by MacroPolis
Photo by MacroPolis

The compliance report for the first programme review published by the European Commission (EC) last week revealed, among others, the long term fiscal impact of the pension reform arising from the measures legislated in the summer of 2015 as well as from those recently voted through Parliament.

In addition, the pension reform legislated in May involving a unified system consolidating all main pension funds, new unified rules for calculation of new pensions imminently effective and link of non-salary earners contributions to their declared inco...

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