European Commission President Jean-Claude Juncker is seen in this screen grab addressing a conference on the twenty-five anniversary the signing of the Maastricht Treaty, in Maastricht, Netherlands, December 9, 2016. REUTERS/Reuters TV
BRUSSELS (Reuters) - Europe's economic and demographic weight in the world is diminishing and its nations will disappear in time unless they stand together in the European Union, European Commission President Jean-Claude Juncker said on Friday.
Speaking at an event to commemorate the EU's landmark Maastricht Treaty, Juncker said that in 10 years Europe's share in the world economy would fall to 15 percent from 25 percent now. In 20 years, no European countries would be part of the G7 group of the world's top seven economies.
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