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The Politics of European Pensions
The EconomistLink to more items from this source
Aug. 5, 2002

Excerpt: Seven-tenths of German pensions come from a state scheme with roots in Bismarck's day. It is financed mainly by a levy on wages, 19.1% this year, half paid by workers and half by employers. But, as all over Europe, the demographics are grim.

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