The high expense of pensions “supports” a debt of 1,300 euros per contributor
Payments made by Social Security are growing at nearly three times the pace of the Spanish economy
Exceeded bill in May: cost close to €12,000m, up 10.7% over last year
The monthly pension bill hasn’t stopped growing when it snows since the government implemented the highest increase in history at the start of the year, at 8.5%. As a result of this generous rate hike, spending overflowed so much that…
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