Romanian PM confident pensions will not be capped throughout 2025 despite decree
ReutersDec 30, 2024 11:22 AM
BUCHAREST, Dec 30 (Reuters) - Romanian Prime Minister Marcel Ciolacu said on Monday he was confident pensions will either be indexed in the second half of 2025 or else those with small pensions will receive one-off aid when the government builds the 2025 budget plan in January.
The new coalition government will approve a series of tax hikes and caps on public sector wages and pensions via emergency decree on Monday, in a move to lower the EU's largest budget deficit as a percentage of gross domestic product.
(Reporting by Luiza Ilie)
((luiza.ilie@thomsonreuters.com; +4021 527 0312; https://www.reuters.com/journalists/luiza-ilie;))
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