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Europe's Aging Society Seen as Roadblock for Economic Revival
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. "I would not underestimate the force of an aging, conservative society that’s seeking to keep what it’s accumulated ... (full story)