increase of retirement age

Since regaining independence some twenty years ago Latvia, a small, open economy has been tormented by three economic crises: first one resulting from the economic transition (institutional change from centrally planned to free market economy), second, in 1998, being transmitted from Russia, and the last one being part of the recent global recession. Despite these […]

As The Warsaw Voice writes on Monday, March 26, there were protests of Solidarity trade union members against governmental plans to increase the retirement age. Several hundreds of protesters gathered in Warsaw, in front of the prime minister’s office. Trade unionists announced that protests would be held throughout whole week, on Wednesday they would move […]

After the general government deficit in Poland reached 7.8% GDP in 2010, at the beginning of 2011 Polish government presented a plan to reduce it to 3% GDP by 2012, a goal which is in line with Maastricht criteria.