The decisions taken at the so-called 'historical' summit on Friday risks to plunge Europe in a Japanese-like recession which is going to have devastating consequences on European social model, writes Pervenche Bères, chairwoman of the European Parliament employment and social affairs committee.
It will take a better statistician than I to draw any strong conclusions from this, but it looks to me like wealth equality correlates with significant economic growth over the long term, and with slow growth in the short term.