The Netherlands, for instance, have already implemented three-quarters of the reform measures agreed in Lisbon. In the three largest European economies, Germany, France and Italy, together constituting almost 70% of the GDP of the eurozone, a wide ranging and impressive reform program has been enacted, encompassing reforms of labour markets, pension and health care systems.
2  There is no consensus on the definition of “population bonus period” and “population onus period”. Government reports and academic papers on demographic studies often focus on the level of the working age  2  BIS central bankers’ speeches  III.