The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by more than 20% compared to the same period last year.
As of September 30, 2024, the number of insured individuals in all types of private pension funds exceeds 5 million, with the largest number being in the most common universal funds, where people born after December 31, 1959 are mandatorily insured. The largest share of the insured is concentrated in the universal pension funds—over 80%. The Financial Supervision Commission reports that the assets of universal funds are growing the fastest, with an increase of over 22% compared to September 30 last year.
There will be pilot testing of ground-based silver iodide generators for hail protection in two zones where the use of rockets is not allowed, the Deputy Minister of Agriculture Ivan Kapitanov said. At a meeting with Claude Berthet,..
The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
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