Long-term sustainability of public finances in the European Union

In the coming decades, the size and age-structure of Europe's population will undergo dramatic demographic changes. Ageing populations will pose major economic, budgetary and social challenges. This report , adopted by the Commission on 12 October 2006, is the first one dedicated exclusively to the long-term sustainability of public finances. The analysis in the report concludes that on current policies the government debt in the EU will increase very significantly over the coming decades.

The link address is: http://ec.europa.eu/economy_finance/publications/european_economy/2006/ee0406sustainability_en.htm