U.S. and Asia should match European welfare system- by Mark John and Jan Strupczewski

EU-Digest

U.S. and Asia should match European welfare system- by Mark John and Jan Strupczews

Reuters: The European Union staunchly defended its unwillingness to spend more to escape the slowdown on Wednesday and urged the United States and Asia to match its generous welfare safety nets. Speaking on the eve of an EU summit at which the bloc will say it wants rapidly to execute existing recovery plans rather than announce new ones, European Commission chief Jose Manuel Barroso rejected U.S. and other criticism that Europe was not doing enough to counter a global downturn.