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European Union Needs Immigration or It Will Age and Die Off

European Union Needs Immigration or It Will Age and Die Off

European Union Needs Immigration or It Will Age and Die Off

(Bloomberg) -- There is not a single country in the European Union where the birth rate is enough to prevent the population from shrinking. Eurostat data released this week confirm that an all-but-irreversible demographic decline -- straining the bloc’s welfare systems and damping its growth outlook -- is only getting worse. Without immigrants to replenish its ranks, pay taxes and work, Europe runs the risk of dying off.

To contact the reporter on this story: Nikos Chrysoloras in Brussels at nchrysoloras@bloomberg.net

To contact the editors responsible for this story: Chad Thomas at cthomas16@bloomberg.net, Zoe Schneeweiss

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