In so doing, it is also important to bear in mind that seeking to return to the growth "model" of the previous decade would be both illusory and harmful: fiscal imbalances ; real estate bubbles ; widening social inequalities ; lack of sufficient entrepreneurship and innovation ; dysfunctional financial systems ; growing energy dependency ; multiple pressures on the use of resources and the environment; sharp increase in unemployment; weaknesses in education and training systems; underperforming public administrations – these were issues that could be observed but that were not resolved in the past. They contributed to the collap ...[+++]se of parts of our economies when the full crisis hit.

However, accurate forecasts are likely to remain illusory, hence the limited scope for immigration policies pin-pointing skill shortages.

But it is an illusion to believe that cutting spending at EU level guarantees value for money: each euro of expenditure from the Union budget can lever in several euros at national level, as cohesion policy has already shown (see section A.2).

To begin with, the Court states that: "no system can reasonably be expected to assure absolute correctness of all transactions" and "(it is unrealistic to think that) the purpose of internal control systems is to guarantee or assure the complete legality and regularity of all transactions".

However, even with better data, it would be illusory to think that the future needs of the labour market by sector and occupations can be accurately forecast.

The volume of funding for Tempus (T) is insufficient in view of the extent of the tasks ahead; it is therefore illusory to seek to cover a wide range of priorities (except for Russia), and the potential impact on the university system as a whole is slight (with the exception of Mongolia).