Social Model Is Europe’s Solution, Not Its Problem
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April 23 (Bloomberg) -- In the wake of the financialcrisis, Europe’s leaders are calling the continent’s socialmodel into question -- it is “done,” according to EuropeanCentral Bank President Mario Draghi. That’s a travesty.
The crisis is, above all, financial. Yet governments aren’taddressing the malfunctions that caused this problem. Instead,they are forcing ordinary people to pay and attacking the socialsystems that support them.