Friday, 23 October 2026 Updated 18 min ago
The News Engine
Latest
Business France

‘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…

Image accompanying the story: ‘The best on Earth’: Can weak economic growth undermine Europe’s ‘very sophisticated social system’?
Image: France 24 · via France 24

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 24

Spotted an error? Request a correction · How this summary was produced

Related Stories