Business News Defusing Europe's demographic 'time bomb' to remain competitive
There has been a lot of talk in recent years about a demographic "time bomb" ticking in Europe, the need to reform pension and welfare systems and revamp as part of building a more competitive European Union. Leading Czech and British economists met at Prague Castle last week for another in a series of conferences about the future of Europe. The focus this time around was on the Lisbon agenda, aimed at making the now 25-member strong European Union an unrivalled knowledge-based economic powerhouse, by 2010.
Pavel Mertlik
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