Spain’s new government will increase pensions next year in line with forecast inflation, meeting an election pledge, even as it plans to cut the budget deficit in half over two years.
The Cabinet will pass emergency budget measures at its next meeting on Dec. 30. It will also approve an “update of all pensions in line with the forecast for the consumer price index,” Deputy Prime Minister Soraya Saenz de Santamaria told reporters today after the
http://www.businessweek.com/news/2011-12-23/spain-will-raise-pensions-in-line-with-inflation-forecast.html
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