ECB vice president says immigrants can stop Europe's 'demographic suicide'

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By John O'Donnell and Balazs Koranyi FRANKFURT (Reuters) - Europe's ageing society is committing "demographic suicide" and needs immigrants to keep its workforce from shrinking further, the vice president of the European Central Bank told Reuters. In a wide-ranging interview, Vitor Constancio underlined the ECB's willingness to print more money, saying that it had bought significantly less than peers in the United States, Japan or Britain. Constancio, who deputizes for ECB president Mario Draghi on the ECB's executive board, addressed one of the factors slowing the region's economy, namely an ageing society and shrinking workforce that is set to reduce further in the coming decades.




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