#Greece spends more on pensions as percentage of GDP (17.5% in 2012) than any other EU nation (avg 13.2%). (via BBG) http://t.co/wq2ikAtYW5—
Holger Zschaepitz (@Schuldensuehner) June 01, 2015
A country that spends nearly a fifth of its GDP on old-age pensions with surprisingly few people over the age of 55 working should not be surprised when it finds itself in financial difficulty.
The Greek deficit spending: 17.5% of GDP on pensions. Only ~35% of 55-64 work. econ.st/1NSgLn0 @azizonomics http://t.co/GC1Hp86JIu—
Old Whig (@aClassicLiberal) April 07, 2015
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