Tag #Economic Sustainability

Showing 1 to 12 of 16 results

thetimes.com
🌐 85% Global Worthiness
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Varying European Pension Systems: A Comparison

Germany, Sweden, Denmark, and France showcase diverse approaches to state pensions, highlighting contrasting financial situations and policy responses to aging populations and economic challenges.

Progress

40% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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German Employers Warn of Welfare State Collapse, Urge Immediate Reform

German employers warn of a welfare state collapse due to €25 billion in administrative costs, urging reforms to ensure those working are better off and to prevent political instability.

Progress

60% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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DIW Proposes "Boomer-Soli" Tax Amid Unsustainable German Pension System

The German Institute for Economic Research (DIW) proposed a "Boomer-Soli" tax on wealthier retirees to aid lower-income pensioners, highlighting the unsustainable German pension system facing rising contributions, government subsidies, and a shrinking workforce due to declining birth rates; however,...

Progress

52% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Delayed Retirements Bolster Spain's Pension System Amidst Financial Strain

In Spain, the rising number of delayed retirements, reaching 11.2% in the first two months of 2024 (over 7,150), is a key factor in addressing the financial stability of the pension system, currently facing a €126.173 billion debt, while also facing pressure to establish reduced retirement coefficie...

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 65% Global Worthiness
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Spain's Pension System Passes Initial Sustainability Review

Spain's Fiscal Authority (Airef) reported that the pension system's income is sufficient, requiring no further adjustments, based on positive employment data (21 million contributors, 12% drop in temporary work) and the 2021-2023 pension reforms; however, long-term sustainability beyond 2050 remains...

Progress

52% Bias Score

No Poverty
elmundo.es
🌐 85% Global Worthiness
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Spain's Public Employee Healthcare System Faces Collapse

Spain's administrative mutualism system, providing healthcare to 2.4 million public employees, faces financial collapse due to rising costs and insufficient premium increases, threatening private healthcare providers and potentially overloading the public system.

Progress

56% Bias Score

Good Health and Well-being
bbc.com
🌐 65% Global Worthiness
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Tollymore Outdoor Centre to Close for Review

Tollymore National Outdoor Centre in County Down, Northern Ireland, will close for up to a year due to financial unsustainability (£250,000 income vs. over £1.3m cost in 2024) and storm damage, resulting in staff redundancies and impacting numerous sports clubs and schools.

Progress

48% Bias Score

Quality Education
welt.de
🌐 85% Global Worthiness
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Germany's Pension Crisis: Minister Urges Longer Working Lives

German Economy Minister Katherine Reiche advocates for extending working lives to address the unsustainable €100 billion yearly deficit in the pension system, fueled by increased life expectancy and a shrinking workforce-retiree ratio of 2:1 compared to 6:1 in 1957.

Progress

56% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Australia's Persistent Budget Deficit: A Looming Fiscal Crisis

Australia's structural budget deficit is projected to persist until 2036, driven by increased spending and relatively low taxation compared to OECD averages, necessitating revenue increases and tax reform to achieve fiscal sustainability.

Progress

60% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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Spain Faces Looming Fiscal Crisis Due to Aging Population

Spain's aging population is drastically increasing public spending, particularly in pensions and healthcare, according to a new Airef report projecting a 7% deficit and 130% debt-to-GDP ratio by 2050 without reforms.

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Spanish Pension Generosity Rises Despite Reforms

A new report reveals that despite recent pension reforms, a typical Spanish worker retiring in 2025 will receive 62% more in pension payments than their total contributions, a rise from 55% in 2020, due to increased life expectancy and lower projected GDP growth.

Progress

36% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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Elbe Deepening: \$232 Million Cost Raises Concerns

A new study reveals that the 2023 cost of the Elbe River deepening was \$232 million, far exceeding the 2010 cost of \$100 million, benefiting few ships and raising concerns from environmental groups about economic viability and the need for port cooperation.

Progress

52% Bias Score

Climate Action

Showing 1 to 12 of 16 results