Addressing EU demographic challenges: Implementing the 2023 Demography Toolbox

The EU's population is ageing and set to decline. The shrinking working-age population poses risks in terms of greater labour shortages, increased pressure on public budgets, worsened territorial disparities and depopulation. These can negatively impact EU competitiveness, slow down the green and digital transitions and undermine social cohesion. While managing the demographic transition is the responsibility of Member States, it has also become one of the biggest challenges the EU is facing today. The Commission is due to make a statement on addressing demographic challenges during the January plenary session.