Pension system under attack

  • 1999-08-12
  • By Diana Kudayarova
RIGA - An otherwise quiet week in Latvia was marked by pension law discussions, if discussion is the right word to describe pensioner protests, trade union threats and parliamentary intricacies that led to the acceptance of the amendments and then put them on hold immediately, all boiling in endless media reports, comments and opinions.The future of the Rigas Komercbanka, whose fate, it seemed, was finally decided, is under threat because a proposed referendum on pension law amendments is competing for scarce budget funds. A move, one among many, designed by the new government to improve th...
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