Europe slowly making workers retire later

Press quote (Marketplace)
16 June 2010

"The Greeks have one of the longest life expectancies in the world, yet their average retirement age remains well under 60," says Simon Tilford, who analyses the European economy for the Centre of European Reform. … raising the retirement age is a very good way of dealing with the crisis over public debt. It should convince investors that a government's finances are on the right track, but it won't take cash out of the economy now and jeopardise Europe's fragile recovery.