In a bold legislative move, in 2009 Germany introduced a fundamental reform of the government borrowing rules which are …

In the summer of 2014 Germany will witness the most substantial expansion of pension expenditures since the 1950s. Yet … rather privileged groups of the insured. These measures endanger the sustainability of the German pension system and will …

gelten, käme es zu einer starken Belastung der zukünftigen Generation und einem Verstoß gegen die Generationengerechtigkeit. …