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MILANO – An increasingly older population that will spend more and more on health and care, to the detriment of other consumption, with a very harsh impact on the public budget. This is the picture drawn by Intesa Sanpaolo in a report by the Studies and Research Department of Intesa Sanpaolo edited by Luca Mezzomo. In fact, the trend of migratory flows will not be able to stem the progressive increase in the average age of the population.