Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-03-23-Speech-4-170"

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". I voted in favour of Mr Bushill-Matthews’ report on demographic challenges and solidarity between the generations. The facts are there and are irrefutable: Europe is growing older. In my country, the equation is a simple one: since we live under a system of redistribution for the payment of statutory pensions, whereby each generation of working people pays for the pensions of the generation that has gone before it, that means, in very practical terms, that fewer working people will have to fund the retirement and health care of a greater number of pensioners, who will be living longer and longer. If nothing is done, either future generations will have to bear much heavier costs to the detriment of their own standard of living, or, if they were to refuse to do so, tomorrow’s pensioners would find themselves reduced progressively to a subsistence standard of living and to the rationing of health care. On the face of it, neither of these possibilities is acceptable. Neither will be accepted in any case. We have to find other ways, and urgently; all the countries of the European Union are faced with this challenge. It is the duty of a democracy to look ahead for an answer to challenges that it knows are unavoidable. We owe it to the future generations of Europeans."@en1

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