On this week’s episode of Inside Business, we hear the argument for scrapping mandatory retirement here.
Host Cliff Taylor is joined on the line by Irish Times contributor John Fitzgerald who thinks Ireland should follow the lead of Scandinavia, the Baltics and the Netherlands, where three-quarters of the population aged 60-64 are in the labour force.
He makes the case that such a move could not only reduce the numbers on the State pension, ease the cost of ageing to the exchequer, but also help alleviate the housing crisis.
Also on this episode, we look at the German economy, which is frequently referred to as the Engine of Europe, but has begun to sputter quite a bit in recent times.
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A lack of much-needed reform, low levels of foreign investment and ineffective fiscal stimulus measures are just some of the reasons the German Chancellor Freidrich Merz is under increasing pressure to revive the economy, and quickly.
But what needs to be done before that revival can start? And is there any cause for positivity in the economic outlook for Germany this year?
Irish Times Berlin correspondent Derek Scally offers some insights.
Produced by John Casey with JJ Vernon on sound.
