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Fratzscher and France’s Bayrou Blame Boomers as Generational Fiscal Fight Intensifies

Fresh appeals for retiree contributions underscore a European debate over who will pay for rising debt.

Overview

  • DIW president Marcel Fratzscher said babyboomers’ choices drove today’s crises and that younger generations now bear the costs, echoing remarks in a new interview.
  • He renewed his push for a compulsory social year for retirees to involve older people more directly in community work.
  • Fratzscher highlighted demographic strain, noting the shift from roughly six workers per retiree in the 1960s to about two today.
  • French Prime Minister François Bayrou warned that young people will pay the boomers’ debts for life, restating the message after a TV appearance and drawing split reactions.
  • Bayrou’s comments land ahead of a Sept. 8 confidence vote, while none of the high‑profile proposals in Germany or France have been enacted as formal reviews continue.