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12 Jan 22
Chile’s lower legislative house has passed the introduction of a tax on the country’s super rich to fund a new state pension, paving the way for a standoff with the president who rejects the idea.
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10 Dec 21
Age-related costs to public finances could cause public debt-to-GDP ratios to rise by 140% in the next few decades if governments do not implement reforms to dull the impact of rising life...
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23 Jul 21
Bulgaria is set to use most of its unexpectedly high revenue to increase state pensions and prepare for future waves of Covid-19 rather than run a much smaller deficit, the country’s finance minister...
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18 Aug 20
Denmark will tax banks and its richest citizens to pay for an early retirement scheme for physical labourers.
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6 Jul 20
Sovereign wealth and pension funds should seek investments that couple financial returns with societal and environmental benefits, researchers from the Inter-American Development Bank have argued.
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27 Jan 20
A hard-line trade union has called on the French government to abandon its pension reform proposals and start negotiations afresh.
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5 Dec 19
France is experiencing its biggest national strike in decades as angry workers demonstrate about proposed pension reforms.
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27 Nov 19
Global governments must reform their pension systems to accommodate for a growing number of workers that are self-employed or who are in temporary and part time work, the OECD has said.
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17 Sep 19
French public sector workers took to the streets for the second time in a few days to protest pension changes that could see them working longer.
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9 Aug 19
A decline in Latvia’s population could pose a barrier to long-term growth for the country, according to the IMF.
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21 May 19
The Czech government has dismissed concerns about a slowing economy and growing spending commitments and says it will stick to a planned deficit target.
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13 Mar 19
Politicians need to commit to publishing their liabilities – even if it might weaken net wealth on paper, public finance professionals have urged.
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11 Mar 19
The French government should link pension rises to inflation for the poorest citizens, the party led by president Emmanuel Macron has said.
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24 Jan 19
The world’s richest countries spent just over 20% of their GDP on average on social welfare last year, the OECD has revealed.
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29 Aug 18
Vladimir Putin has watered down his controversial pension reforms as he suffers his lowest approval ratings for four years.
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11 Aug 17
Three Danish pension funds have combined to create a $550m vehicle for infrastructure investments in Africa.
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21 Mar 17
Eurozone finance ministers have agreed to benchmark the sustainability of member states’ pension systems against the performance of the best.
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7 Sep 16
Provincial pension funds throughout China are struggling to break even after the government ordered a 6.5% increase on the basic pension for corporate retirees, according to state news agency Xinhua...
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22 Aug 16
Thousands of people took to the streets in Chile yesterday to demand that the country’s controversial privatised pension scheme is scrapped.
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4 Mar 16
Game-changing reforms will be needed to face the global challenge of ageing populations and shrinking labour forces, International Monetary Fund managing director Christine Lagarde has said.
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2 Dec 15
Reforms to pension systems within OECD countries risk creating poverty amongst future pensioners, the OECD has warned.
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27 Oct 15
Government action is needed now to meet the “formidable” fiscal challenges presented by shrinking and ageing populations, a report by the International Monetary Fund has warned.
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16 Oct 15
Major pension reforms in Mexico have helped it improved its financial sustainability, according to the Organization for Economic Cooperation and Development.
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16 Jun 15
Greece risks falling into a “state of emergency” if it does not reach an agreement with its international creditors, Germany’s European commissioner Guenther Oettinger said as talks...
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27 May 15
A round-up of recent public finance stories from Europe you might have missed.