Institutions Bilateral this article is about what plays out between two countries

"France protects its most modest pensioners better than Germany, but it finances its generous pension system on credit"

L’Etat français consacre 12,8 % de son PIB aux dépenses de vieillesse, contre 10,4 % en Allemagne. Et il le fait sur une base active plus étroite, ce qui explique son important endettement public, estime l’économiste Pierre-André Buigues, dans une tribune au « Monde ».

Source : Le Monde — International Machine translation; the original is in English.

Countries concerned

Read the original article — Le Monde — International

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