Bulgaria approves pension change despite coalition rift

December 19, 2014 8:53 PM

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SOFIA (Reuters) - Bulgaria's parliament on Friday approved making private pension contributions optional despite the junior coalition partners voting against a plan that has been criticized by the financial sector and brought Bulgarians out onto the streets.

Hundreds of protesters in downtown Sofia have called for the resignation of Finance Minister Vladislav Goranov over the past two days, fearing their pension savings will be swallowed up in an attempt to cover the country's wide fiscal deficit.

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