Hungary's pension system imminently unsustainable

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HUNGARY - The long term problems of Hungary's pensions system have been highlighted and exacerbated by the current financial and economic crisis, according to the Organisation for Economic Co-operation and Development head of pension policy analysis Edward Whitehouse.

While the OECD has long advocated that Hungary has a financially unsustainable pension system in the long term, Whitehouse warned that it is now an imminent problem. He explained that despite t...

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