Portugal: Prime Minister announces a draft reform of retirement pensions

Facing the need to reform the Portuguese system of retirement pensions, which has become unsuited given the lengthening of life expectancy and the declining birth rate, Prime Minister José Socrates proposed a series of measures aimed at safeguarding the system. (Réf. 06492)

By . Published on 18 May 2006 à 13h32 - Update on 26 March 2013 à 11h23

In an interview to the daily newspaper Financial Times (15-05), Socrates stressed the emergency: “We must act now. Any delay would worsen the problems and would cost more money in the future “,…

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