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Will Christmas be the final blow for Spain’s Social Security Reserve Fund?
The Spanish Social Security Reserve Fund is set to be depleted by another €7 billion ($9.05 billion) before the end of 2012, according to IESE Business School pension expert, Javier Diaz Gimenez. The $90-billion fund has already been asked by the government for $3.8 billion, which is likely to go towards a raise in state […]
Dan BillinghamNovember 9, 2012