The European Commission expects the country’s pensions spending as a proportion of GDP to fall by 0.4% between 2009 and 2060, whereas expenditure in the euro area as a whole will rise by 2.7% of GDP.

欧盟委员会预期2009到2060间该国的养老金支出占GDP的比例会下降0.4%，而其他欧盟国家的整体水平则是上升2.7%。

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Mr Kirchner, who chose to have his wife replace him rather than run for re-election himself, drastically increased spending on pensions and public works to support her candidacy, and the global spike in fuel prices caused Argentina's expenditure on energy and transport subsidies to soar.

ECONOMIST: Argentina