After losing 90m euros, the Trust returns about 20 million

A total of 90m euros was the amount the Trust announced has lost from investments in foreign markets, in the first seven days of the start of the war between Russia and Ukraine, Periscope writes.

However, according to the latest data from foreign markets, the Trust has managed to return about 20m euros in profits.

On March 16, 2022, the Trust has declared it has under management 2, 305, 812, 200 euros until then. February 25th had declared there are 2, 286, 571,013 euros.

The pension fund had closed in 2021, with a fixed budget worth 2, 353, 174, 91 euros.

The Democratic Party of Kosovo has proposed attracting up to 30 per cent of pension savings.

Because of the serious economic situation, the party's deputy, Bekim Haxhiu, on behalf of the PDK Parliamentary Group on March 9th has handed over the draft Law on Fulfilling and Changing the Law on Pension Savings Fund, which would enable the withdrawal of these tools.

This bill is expected to be sent to the Parliament's Headship for the introduction of days for review.

Under the PDK proposal, contributors with less than 10,000 euros in pension savings are required to have the right to withdraw 30 per cent of the means.

Those who have up to 20 thousand euros by 25 percent, from 20,000 to 30 thousand, 20 percent.

For taxpayers who have pension savings in the amount of 30 thousand euros: 15 percent and those over 40 thousand euros. / P ERISCOPIA