Economics
Europe's Aging Society Seen as Roadblock for Economic Revival
- Economists speak at Bloomberg Markets Most Influential Summit
- Germany the litmus test for migration as demographic solution
An older man passes pedestrians sitting outside a fashion store advertising price discounts in the summer sales in Athens, Greece, on July 13, 2015.
Photographer: Kostas Tsironis/BloombergThis article is for subscribers only.
Europe’s stability is proving to be the root of its economic weakness, economists said at conference in London.
The region’s aging population, while providing a bulwark against dramatic upheaval, is struggling to adapt to a changing world, panelists said at the Bloomberg Markets Most Influential Summit on Tuesday. From its fading competitiveness in global markets to the Greek crisis and its response to migration, the region has shown little political resolve in tackling its challenges.