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Europeans Fear Crisis Threatens Liberal Benefits

By Steven Erlanger, New York Times - May 23, 2010

PARIS — Across Western Europe, the “lifestyle superpower,” the assumptions and gains of a lifetime are suddenly in doubt. The deficit crisis that threatens the euro has also undermined the sustainability of the European standard of social welfare, built by left-leaning governments since the end of World War II.

Articles in this series are examining the consequences of, and efforts to deal with, growing public and private debts.

 

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