>That's the same as Social Security in the U.S. I suppose the >difference is that Social Security is only supposed to be a kind of >minimal pension and people are expected to have private pensions or >savings in addition. > >Brent
Exactly. But here in Euroland the financial situation is this: Since March 2015 stocks are 15% low, and bond rates (at least for sovereign bonds) are zero or negative. So you can imagine that private pensions are ... in bad waters -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/d/optout.
