POLAND - Poland's government approved its plan to reduce transfers to private pension funds, a move that will trim the country's borrowing needs by about 190 billion zloty ($67bn) through 2020.
The government will first reduce the transfers by 5 percentage points to 2.3% and will later increase them to 3.5% by 2017, Prime Minister Donald Tusk said at a press conference. "We will do eve...
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