Puerto Rico announced a historic restructuring of its public debt on Wednesday, touching off what may be the biggest bankruptcy ever in the $3.8 trillion U.S. municipal bond market. ... Read More
France has surpassed Belgium as the European country with the highest taxes on the average employee, according to a new study. Taking into account income tax, social security contributions, ... Read More
German lawmakers have approved a pension-reform package including a much-criticized provision for some people to retire early on full pensions. Germany is raising the retirement age to 67 from ... Read More
A bond insurer wants the chance to fight Detroit’s effort to cancel $1.4 billion in pension debt, while the city is asking a judge to take a bus tour ... Read More
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