Moody's: German regional governments' pension reserves keep costs at sustainable level
London, 21 February 2017-- German regional governments' pension credit risk is moderate due to their ability and demonstrated willingness to ensure sustainability, Moody's Public Sector Europe said in a report published today. Furthermore, the decision to build reserves to mitigate the expected rise in pension costs will keep annual payments at a sustainable level. The report, "German Regional Governments-- Small Pots, Big Impact- Pension Reserve Funds To Alleviate Budgetary...
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