A New Way for Europe through the Damage Control

Abstract

The construction of a European social economic model becomes impetuous necessary becausein the recent years the middle class of society was eroded significantly. Now more than ever, theauthorities need to develop a viable strategy to contain structural and functional elements of aEuropean social economic model. Based on the four models we have foreshadowed in our researchthe socio-economic policy mix that can build a strong and sustainable economy, which meet therequirements of the European social model. Information extracted from the article is useful because it indicates the direction to be takeninto account to optimize the "welfare state" of the other European social models. In this regard itshould be considered efficient labor market, develop social protection only for deprived people andnominal wage growth, and hence the real one. Only this way can lead to a social welfare statesustainable in all the evolution stages.

Keywords

• European social models
• economic crisis
• austerity