Monday 31 May 2010

The Euro Crisis

This broadcast talk to us about some problems conected with euro monetary system/

European Commissioner Olli Rehn has told Business Daily in Brussels, that welfare safety nets could be put at risk if Europe does not undertake major structural reforms of its inflexible labour markets. Mr Rehn is the man who's been at the epicentre of the euro crisis, in his capacity as Commissioner for Economic and Monetary Affairs. Lesley Curwen met him at his office in the Commission headquarters in Brussels, where he explained that Europe's social welfare systems could be put under threat if public debt continued to rise.

And Lesley Curwen talks to Tim Adams, one of the speakers at the Brussels Economic Forum, where finance ministers, economists and EU officials have been meeting to discuss the euro crisis. Mr Adams, of the Lindsey Group gives us an American perspective on the turmoil in Europe and suggests that there's been a lack of clear leadership.

Plus, Philippe de Buck of BusinessEurope argues that structural reform is not all about pain for the ordinary man or woman, because it will improve the job prospects of many.

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