Thursday, December 30, 2010

Europe Seems to Stick to Same Economic Strategy By MATTHEW SALTMARSH

''..In a recently announced growth strategy for the next decade, policy makers in Brussels are offering more of the same, even though the last set of goals, aimed at making Europe the world’s most dynamic region by 2010, has not hit the mark.
For the last decade or so, the European Commission, the European Union’s policy-drafting arm, has favored the Anglo-Saxon model of loosely regulated markets over the more statist impulses of France, Italy and, to a lesser extent, Germany..''
 ''..The commission and national governments have now tweaked that plan, extending its shelf life with a new name, Europe 2020. At a recent conference at the O.E.C.D., José Manuel Barroso, the president of the European Commission, described the package as “a new growth model for Europe.”..One big motivator for change this time is ensuring the future of the euro. It is hard to tell, though, if following the European Union’s rule book will be enough... N.Y.TIMES
read more..

No comments:

Post a Comment