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Pensions in Focus as Government Look to Cut Costs

CZECHIA
  • Pravo writes that the retirement age could be pushed back for those born after 1975, citing PM Fiala.
  • Additionally, the government could look to push through a change in the formula for pension inflation adjustments – a move that could slow the increase in pension payments to CZK 760 from CZK 1,770, according to a piece in Mlada Fronta Dnes.
  • Datapoints few and far between Tuesday, with focus on consumer & business confidence stats due Friday.

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