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Economic Forum 2009: extracts from the panel discussion on the policy of ageing and on the economic crisis

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Europeans keep getting older and at the same time fertility rates remain below the natural replacement rate. Clearly, people living longer - hopefully in good health - is a great achievement. However, without further policy changes, an ageing population will pose major economic, budgetary and social challenges. Despite encouraging progress in preparing for this challenge, there is more to be done. Confidence in the public finances can only be restored by a clear and credible commitment to an exit strategy ensuring that EU economies are able to thrive and grow in the aftermath of today's severe financial and economic crisis. This calls for a wide, open debate on how we should organise our societies in the future to put the public finances on a sustainable path. Joaquín Almunia, Member of the EC in charge of Economic and Monetary Affairs, Vladimír Špidla, Member of the EC in charge of Employment, Social Affairs and Equal Opportunities, Eduard Janota, Czech Minister for Finance and President in office of the Council, Anders Borg, Swedish Minister for Finance, and Fernando Teixeira dos Santos, Portuguese Minister for Finance, spoke about these topics at the Brussels Economic Forum on 14 May 2009.
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Type: EbS   Reference: 63637   Date: 14/05/2009   Duration: 00:04:53
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