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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (72930)3/18/2010 1:20:37 PM
From: KyrosL  Read Replies (2) | Respond to of 74559
 
Haim, the simple answer is that unions are all powerful in Greece. In the longer term I think there is a 50% chance that Greece will declare bankruptcy. It's the easiest way to scale back pensions, increase retirement age to 67 or more (which is desperately needed given Greek demographics), etc.



To: Haim R. Branisteanu who wrote (72930)3/18/2010 1:52:04 PM
From: critical_mass  Read Replies (3) | Respond to of 74559
 
If one takes into account early retirement schemes, such as Altersteilzeit , a simple comparison of retirement age might not portray an accurate picture.

Links in German

de.wikipedia.org

arbeitsagentur.de

I could not find any statistics to quantify the number of people who take this option.


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