Ageing population puts six EU state budgets at 'high risk'

Ageing populations in across Europe will result in "high risk" public finances in six member states with average EU debt set to reach 200 percent of GDP by 2050 if national governments do not push through structural and budgetary changes.

According to a report adopted by the European Commission on Thursday (12 October), the EU as a whole will see a hike of 4 percent of GDP [Gross Domestic Product] in age-related public costs by mid-century due to demography changes.

In some countr...