BUSINESS BRIEFS

Pensions up 3.4 percent

PENSIONS in Slovakia rose by 3.4 percent in December, following a hike of 4 percent in February. The average old-age pension in Slovakia has reached Sk7,000 (€178) per month.

The national social insurer, Sociálna Poisťovňa, will spend Sk2.6 billion (€65 million) on the pension hike, the TASR news agency wrote.

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