Romanian Parliament Adopts IMF-Backed Pension Law
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Romania’s Parliament approved a pension law critical for future disbursements from the Balkan nation’s international bailout loan.
Lawmakers today adopted with 172 votes in favor a request from President Traian Basescu to set the retirement age at 63 years for women and 65 for men, said Roberta Anastase, the Chamber of Deputies’ president and a member of Prime Minister Emil Boc’s ruling party.