BRUSSELS, May 11 -- European policy makers called on Tuesday for tough and even unpopular reforms to reinvent the continent's economic and social model in the wake of the Greek debt crisis.We need brave, honest national politicians who are ready to say that to protect that welfare system, we should work longer and work harder. It is either reform or decline,
girls heeled boots, Vincent Van Quickenborne, Belgian minister of economy and reform, said at the closing session of the World Economic Forum on Europe here Tuesday.Over 400 leaders of businesses,
louboutin dubai, governments, academia and civil society from over 40 countries discussed the future of Europe under the theme Renewed Leadership, New Vision at the two-day forum.The recent Greek debt crisis, after spreading to the eurozone, threw into question the European economic and social model, which has been marked by extravagant welfare for its citizens and criticized for being less competitive.The events of the past week forced policy-makers, politicians and citizens to face the tough challenges Europe needs to overcome to get back on a growth trajectory.With an annual economic growth of 1 or 1.5 percent and an aging population,
2011 Spring New Arrivals, Europe simply could not afford the costly welfare system and is doomed to lag behind its main competitors in the future, Quickenborne warned.
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