".
The key terms here are "stress test" and "social solidarity".
Stress testing has become an essential and very prominent tool in the analysis of financial sector stability and development of financial sector policy. Starting with 2010 stress test led by the Committee of European Banking Supervisors (CEBS), and reinforced by 2011 stress test and the bank recapitalization exercise led by the European Banking Authority (EBA), the output of EU wide stress tests has been viewed as essential information on the health of the system. The 2014 ECB stress test model will regain the confidence and trust of the population, investors and as well the bank shareholder's future commitment in the European banking system.
Informal organizations do not want to act in a fashion complementing state-driven social protection. They reject the state and charity activities of the business sector, they want to treat the beneficiaries of their activities as participants in the collective production and distribution of social assistance, and view social solidarity in the context of the economic crisis as part of a wider political movement to construct alternative forms of social and economic life. In brief, since 2010 the economic crisis has functioned as a catalyst which has revitalized Greek civil society, particularly with regard to social solidarity, and has allowed new informal types of civic-minded activity to emerge. The fourth term can be found at page number 6 and is the following: "The level of GDP was also used for an image of the general economic situation. The complete list of these indicators is presented in Table 2. Our objective is to identify to which classical social model (described by Sapir, 2005) the EU states belong in the aftermath of the global economic crisis. The classical European social (sub) models are presented in Annex 1.".
The international economic crisis that evidently hit Europe especially hard, threatening the very survival of its single currency, the Euro, and possibly the European Union (EU) itself, has cast in a new light the central issues dominating debates over Europe's diverse social models in the two decades prior to the crisis.
