EU: half-mast European social model

i, President of the European Central Bank, or José Manuel Barroso, President of the European Commission? In an interview to the Wall Street Journal in early 2012, the former pointed out that, because of national debts, there was no alternative to austerity policies, marking the end of a model based on job security and generous welfare systems. “The European social model is dead!” In early September, at the conference organized by the European Employment Committee, the latter yet warned,...