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flag Uruguay to hold a referendum on lowering retirement age from 65 to 60 in pension reform.

flag Uruguay is preparing for a referendum on pension reform that proposes lowering the retirement age from 65 to 60. flag Supported by left-wing unions, the change aims to enhance workers' retirement benefits but raises concerns among investors about the country's financial stability. flag Critics warn it could increase public debt, complicate pension fund transfers, and jeopardize Uruguay's investment-grade credit rating, especially given its aging population.

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