THE eurozone’s economic growth is set for another blow in the coming years, as its ageing workforce is a crisis in waiting, the International Monetary Fund (IMF) has warned.
On top of high unemployment and huge debt levels, policymakers could have to deal with tumbling productivity from workers, according to research by the Washington-based fund.
It is already known the number of eurozone retirees compared to people of working age is on track to ballon over the next couple of decades – putting a larger strain on state resources. Continue reading
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