Challenges to Economic Freedom in Europe
October 28, 2015
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1:26:42Now PlayingChallenges to Economic Freedom in Europe
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as posted by the channelEconomic Freedom in Europe saw some advances last year. Yet, structural challenges to the continent’s economies remain, such as costly labor regulations and high tax burdens, according to the 2015 Index of Economic Freedom. Major upsets in 2015 have also shaken the European economies and taxed its leaders, most notably the Greek debt crisis and the record mass migration from the Middle East. While the vast majority of the region’s economies are at least “moderately free” according to the Index scale, high public spending and market-distorting subsidies have brought stagnant growth and mounting debt.
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