"More than a fifth of the European Union's population is now aged 65 or older. That figure is expected to reach a third by 2050."
"Economists predict that by 2050, there will be less than two workers in Europe for every retiree, compared to three now."
"The annual public pension bill has reached more than 10% of gross domestic product (GDP) in 17 of the EU's 27 states, all but one of them in Western Europe."
"The Dutch have recently reformed their pension system, but it's not achieving the set goals. I don't see the necessary reforms; they are digging their own graves."
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