The “interventionism-liberalism” dichotomy, that defines the EU’s labour markets, is the mirror image of the economic dimension of the European construction approach. The balance is on the neo liberalism part, after the coming of the Barroso Commission and the presidency of Great Britain. Though the Maastricht Treaty stipulates the creation of a unique European market, including a labour market, the European market was divided in the member states’ markets. Even though that is the case, I will use the term “European labour market” and by it I understand the national labour markets from the 25 member states.
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Article provided by Department of International Business and Economics from the Academy of Economic Studies Bucharest in its journal Romanian Economic Journal.