Wednesday 5th November 2014; European and Economic and Social Committee, TRE 7701, 7th floor, Trèves Building, 74 rue de Trèves, 1040 Brussels; 14:00 (for 14:30 start) – 17:00
This event was kindly hosted by the European Economic and Social Committee (EESC).
Throughout 2014, ILC-UK, supported by specialist insurer, Partnership Assurance Group plc (Partnership), has been undertaking a series of events to explore the relationship between our changing demography and public policy.
This event, as part of the Population Patterns Seminar Series, explored Europe’s ageing demography. Europe is currently facing unprecedented changes - by 2050 it is predicted that more than a third of the European population will be over 60 years old as a result of rising life expectancies and low birth rates.
These changes pose major economic, budgetary and social challenges. In the EU, age related spending is projected to rise from an annual cost of 25% to 29% of GDP between 2010 and 2060. At the same time, there are set to be far fewer people of working age to support European ageing populations- by 2060 the dependency ratio is predicted to drop to under two working-age people for every person aged over 65.
At this event we aimed to inform further this critical debate by launching our first ‘European Factpack’ of demographic statistics. This Factpack provided statistics on a range of topics from life expectancy to housing supply, and pensions to the use of new technologies amongst today’s older generations. The ‘European Factpack’ builds on our UK Factpack initiative, by providing the public, private and third sectors with the most up-to-date information on Europe’s changing demography.
During the discussion we explored:
- What are the ramifications of Europe’s changing demography, both for individual countries and Europe as a whole?
- What policy changes will need to be enacted to ensure Europe’s economic sustainability?
- How the public, private and third sectors react to findings of the ‘European Factpack’?
Which areas of the Factpack might be expanded to help policy-makers, journalists and opinion formers?
This event was chaired by Lawrence Churchill, ILC-UK Trustee. Confirmed speakers inlcuded: Fritz von Nordheim (European Commission), Jean Lambert (MEP), Maciej Kucharczyk (Age Platform Europe), Andrew Rear (Munich Re), Maureen O'Neill (European Economic and Social Committee) and Richard Willets (Partnership).
Slides from the event are available below:
The slides presented by Fritz Von Nordheim are available here.