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Member states handle the demographic challenge differently, therefore, it is too narrow-minded to take a solely fiscal perspective from which to develop European reform strategies which meet the requirements for both fiscal balance and sustainable public pension systems. The EU should support national reform strategies by monitoring public pension reforms as well as improving the single market.
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Kochskaemper, S., Pimpertz, J. Live long and prosper? Demographic change and the implications of Europe’s pensions crisis. European View 15, 163 (2016). https://doi.org/10.1007/s12290-016-0389-3
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DOI: https://doi.org/10.1007/s12290-016-0389-3