The Ministry of Finance sees the greatest opportunities for savings in reducing unemployment benefits and social benefits. The government talks about the possibility of saving billions of euros. Illustrative photo. Photo: Arvo Meeks
The Ministry of Finance sees the greatest opportunities for savings in reducing unemployment benefits and social benefits.
Translation: Pavel Sobolev
The government's upcoming four-year austerity program amounts to 970 million euros. Most of this money is to come from the so-called budget review and from cutting the ministries' budgets by an agreed percentage. It is difficult to say what exactly this entails, because even with patient explanation the picture is not clear. In any case, according to the Finance Ministry's calculations, the state's spending could be cut by almost a billion.