“The attitude of the European Commission (EC) and of the IMF is so far very surprising. It seems that the EC is applying double standards in direct interactions with the EU member states. On the one hand it has praised Latvia for raising the contributions to the funded pension pillar. On the other hand it is so far silent about the Polish government proposal to nationalize the private pension funds’ assets. By its behavior of not raising red flags to the Polish government and stopping a second Hungary, the EC risks jeopardizing its role as a fiscal guardian. There is a danger that this Orbanization of the pension system policies may spread all over Europe if not counteracted.”
Related posts:
Obamacare will question your sex life
Cyprus passes foreclosure laws, clears IMF rescue program hurdle
Swap your gold shares for coins, ETF firm offers
Work in U.S. and Spain losing its appeal for Latin Americans
Border property owners livid after feds seize their private land
Justice Department to review DEA’s mass surveillance program
Everyone should know how much the government lied to defend the NSA
WARNING: You are about to be Exposed to "Washington Monument Syndrome"
Study Puts Exonerations at Record Level in U.S.
Democrats Work To Block Regulations, After Flood Of Campaign Cash
Greeks awake to shuttered banks on day after voters reject austerity
Beekeepers sue EPA over failing to stop harmful pesticides
Havana scraps exit visas, but most Cubans won't be going abroad
Greek Banks See Quadrupling of Housing Loans by Next Year
NFL teams paid off by military to honor soldiers