Former Minister: Retiring in Croatia Means Getting a Poverty Referral
4 Articles
4 Articles
FORMER minister Goranko Fižulić warns that retirement in Croatia has become a 'recipe for poverty' due to high inflation and low pensions that do not keep up with the increase in the cost of living.
Former Croatian Minister of Economy Goranko Fižulić has sharply criticized the state of the Croatian economy, emphasizing that high inflation and an inadequate pension calculation model are pushing an increasing number of pensioners to the brink of poverty. According to the first estimate of the Central Bureau of Statistics, consumer prices in Croatia rose by 4.7 percent year-on-year in September. Of particular concern is the strong increase in …
How is that possible? Because the pensioner population does not protest, does not take to the streets, and has a very difficult time articulating its demands.
Former minister Goranko Fižulić believes that the Croatian pension calculation leads to poverty, and pensioners have difficulty articulating demands and rarely protest.
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