Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-285-000"
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"en.20110216.11.3-285-000"2
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"The European Union faces enormous challenges, one of the most important of these being population ageing. Due to changing demographic trends, life expectancy is increasing, and older people remain healthy and active and participate in society for longer. At the same time due to the low birth rate, the number of people of working age will fall and therefore the Member States’ social security systems will face great difficulties. The financial crisis has led to a growth in unemployment, poverty and social exclusion, and has demonstrated the fragility of certain pension fund systems. There are rising budget deficits in many Member States and problems in the financing of pensions. Some private pension funds were also no longer able to meet their obligations, and therefore in future it is very important to properly regulate the activities and monitoring of such funds. I agreed with this report and believe that it is necessary to provide new incentives at national and EU levels to create strong, sustainable and safe European pension systems."@en1
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