Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: 1rudeboy
Greece's government intends to raise the national pension age and ban early retirement as it tries to tackle its huge budget deficit.

The socialist government said it wanted to increase the average retirement age from 61 to 63 by 2015.

Source

GREECE: The European Union has warned Greece that within five years it will face a problem due to increased aging of its population. With one of the lowest birthrates in the EU, its population of 10 million is rapidly aging. Experts say Greece must begin dealing with the problem before 2010, when costs for pension are expected to skyrocket. Under the current system, the basic retirement age for men is 65 and for women it is 60.

Source

Greece will be okay if they raise import tariffs. A 100% tariff should work fine.

62 posted on 02/18/2010 5:20:48 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 61 | View Replies ]


To: Toddsterpatriot

Hmm . . . I’m gonna’ have to pull that FT out of my car. It’s from Feb. 13/14th, I just read it over lunch (I’m a slacker).


63 posted on 02/18/2010 5:50:04 PM PST by 1rudeboy
[ Post Reply | Private Reply | To 62 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson