LISBON: The government has confirmed that smaller pensions will all be increased by a flat-out ten euros in the coming year. The state budget for 2017 makes provision for all pensions under 630 euros to be subject to the extraordinary increase.
The rise in pensions was a demand issued by the Communist Party and the Left Bloc, whose approval the minority Socialist Government requires to pass next year’s budget. The move is expected to come at a cost of around 220 million euros.
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