The end of the article is clear, thanks to "economists":

However, these reforms only nibble at the welfare state. More comprehensive changes, including pension and health care reform and a claw-back of generous welfare benefits that reduce the incentive to work will only be dealt with in a later package, a delay that some economists have criticized.

"2007 may be the best year for economic reforms," said Pavel Sobiek, chief economist for HVB Bank.

I should say, "economists" and ideologically one-track-minded FT correspondents.