euronews the network: 'The Network' tackles Europe's pensions crisis

Published on Jan 5, 2012 by Euronews

http://www.euronews.net/ Europe faces a pensions timebomb as the active population shrinks and societies get older. The financial crisis has made things worse, but also opened a window of opportunity to reform the system, as it's sharpened perceptions something must be done, and fast. But who will pay?

The financial crisis has intensified what has long been a simmering problem; what to do about about ageing populations with ever fewer workers supporting ever more pensioners, living longer?