The Institute for Family Policy warned this week that Spain is immersed in a “demographic winter” that is without precedent. Future projections show that the populace will age at an increasing pace without adequate replacement levels and make Spain the country with the lowest ratio of retired to active workers in all of Europe.
According to the institute, by the middle of this century, “for every three people who are active, two will be in retirement.” At this pace, Spain will surpass the rest of the European countries where the ratio of retired to active is two to one.
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