CIA report
From: Big News Network

The European Union will break-up within 15 years as a result of its countries being dragged down by unsustainable welfare programs, a CIA report says.

The CIA report warns by 2020, Europe could be thrown into economic decline by its aging population and the post-1945 military alliances of NATO would disband, the Scotsman.com reported.

The current EU welfare state is unsustainable and the lack of any economic revitalization could lead to the splintering or, at worst, disintegration of the EU, undermining its ambitions to play a heavyweight international role, the report said.

Experts are dubious that the present political leadership is prepared to make even this partial break, believing a looming budgetary crisis in the next five years would be the more likely trigger for reform.

Restrictive labor policies, a drop in birth rates and increased longevity would have devastating economic consequences for Europe, the report says.