German central bank: Lift retirement age to boost competitiveness

NAMPA / DPA
2025-11-03
Frankfurt(dpa) - The chief of Germany's central bank on Monday called for the retirement age to rise to boost the struggling economy. "Even if it is unpleasant, we must be honest with ourselves: we are an ageing society," said Bundesbank President Joachim Nagel. "We need to work longer in order to maintain the prosperity that generations have built up since the end of World War II," Nagel said in a podcast interview with Table Media. "We must t......
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