Business Daily - Is Europe's social model dead?

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Will the age of austerity mean Europe's social welfare model is unaffordable? US economist Irwin Stelzer and French Socialist Olivier Ferrand debate the issue. Plus, is cleavage permissible at work?

Fears are growing that Europe's social welfare model is under severe threat.

Deficits in many European budgets have led to savage public spending cuts. Does this make generous pension and benefit provision unaffordable? To debate this, Lesley Curwen talks to Irwin Stelzer of the free-market Hudson Institute who is a columnist for Britain's Sunday Times, and Olivier Ferrand, of the French Socialist party, who is president of the Paris-based Terra Nova think-tank.

Plus, Business Daily tackles the sensitive subject of how much cleavage is permissible in the workplace. Lesley Curwen talks to American author Elisabeth Squires who has written about women's breasts.

And the BBC's Mark Tully reports from Delhi on the political tensions caused by an advisory council charged with helping the poorest in Indian society.