CHISINAU Dec 19 Moldovan MPs on Monday approved raising the retirement age to 63 years from the current level of 57 for women and 62 for men, a reform that is part of a three-year-old assistance programme agreed with the International Monetary Fund.
The retirement age will be lifted gradually by a few months every year until coming fully into effect in 2028.
Life expectancy in the ex-Soviet country -- Europe's poorest -- is 67.5 years for men and 75.5 years for women. In a country with a population of 3.5 million, of which 1 million are abroad, there are more than 700,000 pensioners. (Reporting by Alexander Tanas; editing by Alexei Kalmykov and Matthias Williams)
Euro zone wage growth will come, but with a lag: ECB's Nowotny
VIENNA, May 29 Wage growth in the euro zone will come, albeit with a lag, and generate more underlying inflation if the bloc's economic upswing continues, European Central Bank policymaker Ewald Nowotny said on Monday.