Denmark has become the first European country to raise its retirement age to 70, aiming to secure the sustainability of its welfare system amid changing demographics and longer life expectancy.
Denmark’s parliament approved a law to increase the retirement age to 70 for people born after December 31, 1970. Currently, the average retirement age is 67, with some reaching 69 depending on their birth year. Employment Minister Ane Halsboe-Jørgensen stated the change is necessary to maintain adequate welfare for future generations.
Currently, around 80,000 Danes over the official pension age continue to work, supported by flexible employment conditions and financial incentives.
However, the decision has faced criticism from opposition parties, especially regarding workers in physically demanding jobs who may struggle to continue working until 70. Denmark’s move sets it apart in Europe, with the retirement age surpassing all others and comparable to some of the highest ages globally.
Similar pension reforms are underway in other countries, such as China and the UK, reflecting global trends driven by increased life expectancy and evolving work conditions.
Azerbaijan, the United States and Armenia have launched trilateral technical planning groups to advance the Trump Route for International Peace and...
Russian forces launched a ballistic missile attack on Kyiv early on Saturday, 7 November, injuring two people and damaging residential buildings, j...
China has strongly opposed U.S. sanctions on two Chinese companies accused of supplying military equipment to Cuba, warning that the measures ...
Democrats' sweeping victory in the U.S. midterm elections has sent technology stocks plunging, as investors fear tougher AI regulations could slow infrastructure development and threaten the boom that has driven market gains this year.
Romanian authorities said late on Thursday that two additional planes had received bomb threats including a KLM flight to Tel Aviv that had a layover in Bucharest.
U.S. President Donald Trump has predicted a breakthrough in efforts to end the war in Ukraine after meeting Russian President Vladimir Putin’s envoy, Kirill Dmitriev, ahead of U.S.-mediated peace talks between Moscow and Kyiv in Abu Dhabi on 10-11 November.
U.S. Defense Secretary Pete Hegseth has vowed to fight attempts to impeach him, dismissing the growing campaign against him as politically motivated amid mounting criticism of his handling of the war in Iran.
Two people, including a child, were killed and 16 others injured when an intercity bus crashed in eastern France on Friday morning, authorities confirmed.
Australian design platform Canva has announced a major restructuring affecting 22 per cent of its workforce, with 1,271 employees facing job cuts, relocations or changes to their roles as the company grapples with slowing growth and rising AI costs.
British Petroleum (bp) spent nearly $1.5 billion with suppliers and contractors across Azerbaijan, Georgia and Türkiye in the first nine months of 2026, highlighting the economic reach of major energy projects beyond oil and gas production.
Seven OPEC+ countries agreed on Sunday, 1 November, to keep oil production targets unchanged for December, extending an earlier freeze. But with the Iran war disrupting supplies and prices fluctuating, what is really driving the global oil market?
Cryptocurrencies are volatile, and their crashes make headlines. But does a slump in digital coins ever spill over into the pounds, dollars and euros in people's bank accounts? The short answer is not directly, but indirectly it can, and regulators are increasingly worried about how.
Russian President Vladimir Putin has praised record trade with Egypt as Moscow seeks to use its economic ties with Cairo to expand its influence across Africa, with a focus on manufacturing, infrastructure and energy.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment