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LOW EUROPE RATES

Declining yields on bonds hurt corporate pension schemes

Firms have to set aside billions in extra cash to meet pension obligations to employees

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Lufthansa is looking to re-think its retirement system for its employees.

Frankfurt

HISTORICALLY low interest rates in the euro area are becoming an increasing headache for companies forced to set aside billions in extra cash to meet their pension obligations to employees.

The European Central Bank's (ECB) ultra-easy monetary policy, with record low

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