A rising ageing population will slow down economic growth in Europe in 25 years…

Series Title
Series Details 08/08/99, Volume 5, Number 27
Publication Date 08/07/1999
Content Type

Date: 08/07/1999

...because of a shortage of workers, the London-based Centre for Economics and Research warned this week. The organisation said that work forces would start to decline around 2005, and that the smaller working-age population would have to bear the financial strain of supporting increasing numbers of retired people. Its report predicted that the five largest EU countries would have to import some 35 million workers by 2050 to stabilise the workforce at current levels.

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