The European Union needs to undertake far-reaching labour market reforms if it wants to be able to safeguard its social security system, experts have said.
"Europeans tend to support – and expect – a high level of social security, but many question whether this will be affordable with fewer payers and a disproportionate rise in the number of recipients of, in particular, pensions and health care," Fabian Zuleeg, senior policy analyst at the European Policy Centre wrote in a paper releas...
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