荷兰养老金改革：欧洲或缩短举债期限

Group 1 - The core viewpoint of the article is that European countries are considering shortening their debt issuance periods due to reduced demand for long-term bonds stemming from reforms in the Dutch pension system [1] - The potential shift towards shorter-term financing strategies in the Eurozone may follow the examples set by the UK and Japan [1] - The change is driven by the Dutch pension funds transitioning to a fixed contribution model over the next two years, which may lead to a decrease in the purchase of ultra-long-term bonds as there is no longer a need to match assets with liabilities [1] Group 2 - According to European Central Bank data, Dutch pension funds hold approximately 65% of the sovereign debt within the region's pension institutions [1]