Translate the following English sentence to French:
"The European economic and social model, which is based on the social market economy, is quite capable of dealing with world-wide competition, provided that it succeeds in evolving, eliminating all the unnecessary rigid constraints which are responsible for its continuing weakness in some areas."
Le modèle économique et social européen - basé sur l'économie sociale et de marché - peut parfaitement bien soutenir la confrontation mondiale, à condition de pouvoir se rénover en éliminant toutes les rigidités inutiles qui le fragilisent encore en partie.