„Ora zero” pentru pensiile din Europa. Țările cu cele mai generoase pensii au rămas fără spațiu de manevră

European pension systems face significant challenges due to aging populations and high taxation limits. A study indicates that many countries are nearing their maximum capacity to fund pensions through labor taxes. Generous pension systems, particularly in France, Italy, and Belgium, are under strain as younger workers doubt their future benefits. The traditional pay-as-you-go model is becoming unsustainable, leading to calls for reforms. Countries like Denmark and Sweden have adopted hybrid models that combine state pensions with private funds, offering more sustainability. However, transitioning to such models poses financial challenges, especially for nations with high public debt.