The Pressure Is Increasing in the German Pot
While German pensioners in retirement received on average 58% of their salary, Italians received 76%, Spaniards 84%, and Greek pensioners – 110%, more than their previous salary.
While German pensioners in retirement received on average 58% of their salary, Italians received 76%, Spaniards 84%, and Greek pensioners – 110%, more than their previous salary.
Back here in reality, however, the ramifications of adhering to a Phillips curve mentality continue to wreck the creation of wealth around the world.
How long will the Euro last? Up to 5 years; it is not my opinion but senior German government advisor´s.
This week, the issue of financial transaction tax stirred the water again. Just a reminder, this tax (called Tobin’s tax) is planned in 11 EU countries, including Slovakia.
Hayek proposes a simple solution to set us free from economic downturn – do not use the same recipes which caused the downturn.
More and more thick storm clouds are gathering above the Netherlands, which is still perceived as one of the more responsible countries in Europe.
The Egan-Jones rating agency, which usually predicts things more accurately than other official agencies, has downgraded Germany from A+ to A with a negative outlook.
INESS released the Receipt for Government Services for 2013.
The addition of the fully-funded pillar to the pre-existent PAYG pension systems increases the security of a pension
In light of economic crisis we witness that governments can hardly offer solutions to meet the healthcare needs of a particular individual.