Word: barroso
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Dates: during 2000-2009
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...proliferation of national measures has alarmed the European Commission, which fears that France and others will use the downturn to undermine market and competition law. Commission President José Manuel Barroso pledged to scrutinize the French plan to make sure it worked "with the grain" of E.U. rules and maintained the integrity of the single market. "Some think that retrenching within their own group, their own region, their own country is the right response," he said. "But this carries the risk of unilateral reactions leading to a vicious downward spiral...
...European Commission president José Manuel Barroso credits the euro for delivering lower inflation, lower interest rates and greater price stability, and helping to create 16 million jobs. More immediately, the euro is shielding member states in this time of economic turmoil, preventing a currency crisis in addition to the credit crunch. "The euro is sheltering businesses from the exchange rate volatility, which has battered them in previous downturns," Barroso said on Monday. "To put it simply, the euro works...
...biggest prize of all, Britain, is said to be warming to the euro. Barroso recently claimed that London is "closer than ever before" to euro-zone entry and that "the people who matter in Britain" think it should join. That may be overstating things a bit, but a report by research group Chatham House warns that as the euro zone grows, the U.K. risks being excluded from "deeper intra-E.U. economic consultation and coordination, including in areas of significant national interest, such as financial market regulation." (See pictures of the financial crisis in London...
...flag over public buildings like Prague Castle, saying it reminds him of the days when his country was made to fly the Soviet flag. Outgoing E.U. president Nicolas Sarkozy of France called that stance an "outrage" and a "wound," while European Commission president José Manuel Barroso said anyone comparing the E.U. with the Soviet Union "doesn't understand what the Soviet Union was" and "does not understand what democracy is." (Read TIME's top 10 news stories...
...Until the recent financial meltdown, the mantra has been that the money to tackle climate change needed to come from private investors, but Barroso argues that governments should lead the spending efforts...