Europe is the area of origin of modern welfare system, and it is also a typical areas of high welfare. However, the outbreak of the sovereign debt crisis in Europe makes people reconsider its welfare system. Based on reviewing the process of European sovereign debt crisis and its impact, this paper analyzes the source of the debt crisis in Europe and absorbs the lessons of European countries in the construction of welfare. Therefore, this paper puts forward enlightmenments China can obtain from European sovereign debt crisis, such as state welfare system can not be separated from the financial basis of the economy, regulating effect in the initial distribution of the national income should be adopted and it is necessary to guide civil power to participate in welfare system so as to creat the new forms of welfare.