EU Crisis Tied to Decreased European Fertility Rate

The latest report from Europe’s main statistics agency suggests that the European financial crisis has had an impact on birth rates across the continent since 2008, data supported by evidence from European demographic experts and a U.K.-wide parenting forum.

The report entitled “Towards a ‘Baby Recession’ in Europe?” carried out by Eurostat, a statistical body of the European Commission, investigated fertility trends in 31 European countries since the start of the region’s economic crisis in 2008 and found a correlation between the recession and falling European birth rates across the majority of EU countries.

“In 2008, several European countries entered a period of economic crisis, usually featuring a fall in gross domestic product(GDP). From the start of the recession, the total fertility rate started to decline across Europe,” Eurostat senior statistician Giampaolo Lanzieri wrote in his report.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza