Aging population impacts on public finances: FT

(ANSA) - BELGRADE, MAY 18 - According to the Financial Times, the aging population is having an impact on public finances around the world, and the increase in interest rates implemented to combat inflation may amplify the impact of rising healthcare and pension costs. Moody's, S&P, and Fitch have all issued warnings about this vicious cycle. The situation has impacted debt prospects in Japan, the United States, and the European Union, where the proportion of the population aged 65 and over is expected to rise from 20% to 30% by 2050, according to the European Commission. According to analysts, Central and Southern European countries face the most difficult demographic challenges in the world, while Germany's population is aging at one of the fastest rates in the world. (ANSA).

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