Luxembourg, is modestly redefining the demographic narrative within the EU. The reason is clear and precise: its old-age dependency ratio is the envy of our neighbors, and it all boils down to a strategic influx of a young, tax-paying, (and mostly European) workforce.
This isn’t a stroke of luck; it’s policy at its most pragmatic. Luxembourg has cracked the code by actively courting a diverse pool of skilled workers, predominantly from within Europe. Unlike many EU nations grappling with an aging population, Luxembourg has managed to sustain a robust balance between its elderly and working-age citizens.
The secret lies in the numbers: a workforce that not only contributes to the nation’s economic prosperity but also ensures a manageable burden on its social support systems. In Luxembourg, the elderly aren’t an impending crisis; they’re a population well-supported by the vibrant and tax-generating younger demographic.
As we gear up for the EU elections in June 2024, Luxembourg’s success story holds crucial lessons. It’s not just about economic growth; it’s about ensuring that the backbone of this success, the young and tax-paying workforce, actively participates in shaping the future of the European Union.
The call to action is clear: this demographic segment, largely responsible for Luxembourg’s enviable old-age dependency ratio, must not be sidelined in the democratic process. Their voices, their concerns, and their votes need to reverberate in the upcoming elections. The very demographic that has propelled Luxembourg to its unique position is the key to navigating the challenges of an aging population across the EU.
Ahead of June 2024, register to vote for the European elections in Luxembourg on June 9, and then as we step into the polling booths, let’s not forget the lesson from our country: a thriving, engaged, and diverse workforce is not just an economic asset; it’s the linchpin of a sustainable demographic future for the European Union.
Christos Floros 
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