Second pillar of pension system remains poorly developed

Business 2 October 2024 22:35

Slovenia has a defined benefit pay-as-you go public pension system and few people pay into the second, voluntary pillar. There are mounting calls measures should be put in place to enrol more employees into the second pillar. A debate organised on 1 October by private pension insurer Pokojninska Družba A showed this will not be an easy task, CE Report quotes The Slovenia Times.

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Greek state to repay loans worth 8 billion euros ahead of time in December

7 October 19:35

Greece plans to repay Support Mechanism loans of nearly 8 billion euros in December, as revealed in the draft state budget for 2025 that National Economy Minister Kostis Hatzidakis tabled in Parliament on Monday.

32% of Romanians at risk of poverty or social exclusion in 2023

7 October 19:00

In 2023, 32% of Romanians were at risk of poverty or social exclusion, almost 80% of people with disabilities did not earn enough to afford a holiday, and 35% of workers were at the level of the guaranteed minimum wage, which still does not cover the minimum consumption cost for a decent living, the "Cartel Alfa" National Trade Union Confederation shows in a press release on Monday on the occasion of the World Day for Decent Work.

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Asset Management Company CEO: Bulgarian Savers Stick to Tradition

4 October 23:39

Bulgarian savers are generally conservative, preferring to save through deposits and real estate. Only a small part of their investments goes into alternatives like mutual funds, Concord Asset Management CEO Natalia Petrova told BTA’s Kamelia Tsvetanova on Friday.

Second pillar of pension system remains poorly developed

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