The Ageing Population of the European Union: Challenges and Prospects

During the last few decades, shape of Europe’s population pyramid has transformed substantially, due to a considerably older structure, with fewer working-age people and more pensioners. This paper examines EU’s demographic problem which involves an increasing ageing as result low birth rates longer life expectancies, leading so called “greying Europe”. Therefore, certain recommendations are suggested in order mitigate negative economic, social geopolitical effects this phenomenon. It is concluded that should not be regarded solely threat, it also potential provide opportunities for societies through intergenerational solidarity rapidly emerging silver economy.