Spain

    As part of its pension reforms, Spain has raised its retirement age to 67 from 65. The move, which the Spanish government and major labor unions have negotiated for about a year, is seen as a response of Spain to investors demanding improved public financial management, The New York Times reports.

    About the author

    • Dsc05567

      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.