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...recovery from recession has been fragile and slow - the bloc is only forecast to grow by an anemic 0.7% this year. José Manuel Barroso, the European Commission President, warns that Europe risks a "lost decade" of stagnation and decline if it does not act boldly now to modernize its model of socially inclusive capitalism. The Europe 2020 plan focuses on honing the E.U.'s technological edge, especially in green industries, and on improving higher education. And it sets key targets for E.U. member states, including raising the overall employment rate from 69% to 75%, boosting investment in research...

Author: /time Magazine | Title: Europe's New Economic Strategy: A Miracle Cure? | 3/2/2010 | See Source »

...Rompuy is a Christian Democrat, from the family of center-right parties that dominate European governments and the European Parliament. The President of the Commission, Portugal's José Manuel Barroso, is also from the center right. Ashton was a dark horse, but she was seen as a consolation prize for Britain's center-left Prime Minister Gordon Brown, after his attempt to secure the presidency for Blair was rebuffed. For E.U. leaders struggling to meet the criteria - a task that one official likened to "three-dimensional chess" - they could at least claim that the Van Rompuy-Ashton...

Author: /time Magazine | Title: The E.U.'s New Top Leaders: Bland Leading the Bland | 11/19/2009 | See Source »

French President Nicolas Sarkozy has spent the past year hammering away at the excesses of American-style capitalism. In September, European Commission President Jose Manuel Barroso declared that workers' rights and "social cohesion" were top priorities on the Old Continent. And Italy's veteran Economy Minister, Giulio Tremonti, went out of his way last month to praise the posto fisso (guaranteed job for life) as a supreme public value. (See which businesses are bucking the recession...

Author: /time Magazine | Title: Europeans Sour on American-Style Capitalism | 11/17/2009 | See Source »

...officers say privately that a quick, forceful decision creates its own momentum toward success, while a dragged-out process makes troops, allies, Congress and the U.S. public question U.S. resolve. ("Honestly, in Europe there is not great enthusiasm for sending more troops to Afghanistan," European Commission president Jose Manuel Barroso said...

Author: /time Magazine | Title: Is Obama's Delay on Troops Hurting U.S. Prospects in Afghanistan? | 11/4/2009 | See Source »

...Across the E.U., officials are split on how to handle Klaus. Last week, European Commission President José Manuel Barroso called on Klaus not to raise "artificial obstacles" to the treaty, adding that since he had been elected president by the Czech parliament, he should "respect its views." Some talk darkly of punishing the Czech Republic, for example, by denying the country a seat in the next European Commission. French President Nicolas Sarkozy has warned of "consequences" if Klaus does not sign. But this could make a martyr of Klaus and stiffen his resolve. Others say the Lisbon Treaty...

Author: /time Magazine | Title: The Czech Republic's Klaus Defies E.U. on Treaty | 10/16/2009 | See Source »

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