"The 500 millionth European was born" in the first quarter of this year – but by the end of the century the European population will diminish sharply after a brief period of growth, notes Austrian daily Die Presse. The combined population of all the European countries (the EU plus Turkey, Russia, the Caucasus and the Balkans) stand to shrink by 300 million inhabitants, declares the daily, citing a report from the Demographic institute of Vienna.