Spanish pensions reform only skin deep

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Spain has used the financial crisis to reform its pensions system, yet fears run high that the changes do not go far enough, writes Toby Lewis

“You never want a serious crisis to go to waste,” as Rahm Emanuel, the former chief of staff of the Obama administration, said in November 2008, at the nadir of the present global financial crisis....

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More on Spain

Spain

Spanish pensions reform only skin deep

Spain has used the financial crisis to reform its pensions system, yet fears run high that the changes do not go far enough, writes Toby Lewis

Toby Lewis
clock 08 March 2011 •
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