‘The best on Earth’: Can weak economic growth undermine Europe’s ‘very sophisticated social system’?
For Pascal Lamy, former European Commissioner for Trade and former Director-General of the World Trade Organization, this question lies at the heart of the…
France 24 reports that for Pascal Lamy, former European Commissioner for Trade and former Director-General of the World Trade Organization, this question lies at the heart of the continent's mounting economic and political tensions.
Can Europe continue to sustain one of the world's most ambitious social models while falling increasingly behind its major economic competitors?
This business story centres on France. Names and organisations mentioned in the coverage include Europe, Earth’ and European Commissioner for Trade.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- France · Europe
- Reported by
- France 24
- First reported
- Key names
- Europe, Earth’, European Commissioner for Trade, Pascal Lamy
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at France 24Spotted an error? Request a correction · How this summary was produced
Related Stories
Poland: Thousands protest for more abortion rights
Thousands rallied across Poland to demand abortion rights six years after a landmark court ruling tightened restrictions.
AI debt and French bonds face a stress test — why it may not be over
Bond markets are signaling unease over AI financing costs and sovereign debt in parts of Europe.
IHG Says It’s Winning Hotels From Rival Brands
IHG’s conversion machine is firing in the Americas, but its growth story ultimately depends on a pipeline to the east of Europe that had a difficult…
Are the French police the most violent in the EU?
As protests continue in France, the French police are under scrutiny after new allegations of police brutality.
Sharp drops for AI stocks overwhelm markets worldwide as oil prices jump
Datacenter and chip costs fueled sharp decrease in AI sector although non-AI stocks still had a strong showing The latest shudder for stocks in the…
Meta’s deal to keep Zuckerberg in California adds fuel to wealth tax debate ahead of election
With less than two weeks before the midterm elections, Meta made clear that Mark Zuckerberg is staying in California if the wealth tax passes.
OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors
OpenAI is close to finalizing a new funding round that is meant to be a bridge to its 2027 IPO, sources familiar with the matter tell CNBC.
A lesson from poker tells us not to fold on Meta after its earnings sell-off. Here’s why
Meta's in-house AI lab is not getting enough credit on Wall Street.

