"Romanian pensions are embarrasingly low compared with the rest of the EU", writes the newspaper Gândul, commenting that this becomes obvious as soon as you cross the border to Western Euope: "Elderly people wear fashionable hairstyles and new suits, while retired pairs drive around in convertibles. In Spain pensions are four times, in Belgium six times, and in Luxembourg ten times higher than the Romanian average (of around 140 euros). ... Other European countries are trying to raise the retirement age, while here the laws encourage lowering, rather than raising it. ... Nowhere in the world has raising the retirement age been met with sympathy, but here politicians do not lose a word over it. Yet a national study calls for an end to early retirement and concludes it is urgent that the retirement age be raised. Not because people have a huge desire go on working, but because in ten or twenty years pensions in Romania will be at starvation levels." (15/08/2008)
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