The European Commission has unveiled gloomy figures about the EU's economic prospects due to ageing population problems, warning that several member states might face unsustainable health and pension costs.
The paper to be presented to EU finance ministers on Monday and Tuesday (13-14 February) predicts that while Europe's overall economic growth is set to fall from today's 2.2 percent of GDP to 1.9 percent in the next decade, public spending will also soar to 4 percentage points by 2...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login