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by petre
185 days ago
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The generation during the population spike following the communist regime's 1967 Decree 770 (banning aborition and contraception) is up for pensions in about 7 years, which will create a pension crisis and a default of Romania's state pension fund. We'll see its effect on household income per capita, but it will certainly be under pressure. They already have increased labour taxes, thanx to the former goverments' deficit spending. https://en.wikipedia.org/wiki/Decree_770 |
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