European governments kick-start economies with pension reserves

Despite the risk of sacrificing long-term pensions stability for short-term economic benefit, governments across Europe are using their pension reserves to provide a multi-billion-euro stimulus to their stuttering economies.

Denmark, for example, has allowed savers access to up to DKr25 billion (£2.96 billion) of assets from the Special Pension (SP) scheme - a mandatory private savings plan funded through a 1% tax contribution and administered by state pension fund ATP - to stimulate consumer

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