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...European Commission president José Manuel Barroso has explicitly rejected suggestions that the economic crisis means the E.U. cannot afford to save energy and tackle climate change. "Climate action, energy security and economic growth can and must be pursued in a mutually supportive way," he said on Tuesday. "It would be a real mistake for Europe to give the signal that we are watering down our position after all these years leading the efforts for a global solution now that others, like the Americans, are coming closer to our position...

Author: /time Magazine | Title: Is Europe Getting Cold Feet on Climate Change? | 12/10/2008 | See Source »

...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...

Author: /time Magazine | Title: Is Europe Getting Cold Feet on Climate Change? | 12/10/2008 | See Source »

...gilded walls of Lancaster House could speak, they would surely have interrupted Monday's meeting there to rebuke Gordon Brown for failing to invite Angela Merkel. Britain's Prime Minister was joined at the elegant mansion in London by French President Nicolas Sarkozy and E.U. Commission President Jose Manuel Barroso to discuss concerted European efforts to tackle the economic downturn, but there was no place at the table for the German Chancellor...

Author: /time Magazine | Title: Behind a Merkel Snub, Euro Economic Discord | 12/9/2008 | See Source »

...Still, Brown, Sarkozy and Barroso had all deemed it politic to separately disturb Merkel's Sunday rest with placatory phone calls ahead of their Lancaster House confab. Their powers of persuasion will be more thoroughly tested when she joins them at the European Council in Brussels on Dec. 11 and 12, in search of a unified approach to the economic crisis. "It would be completely unreasonable to think of any active plan without Germany," said Barroso, a point explicity recognized at a Lancaster House conference 54 years ago, when European powers together with America agreed to restore German sovereignty, recognizing...

Author: /time Magazine | Title: Behind a Merkel Snub, Euro Economic Discord | 12/9/2008 | See Source »

...dominating the Asia-Europe Meeting in Beijing, and why international leaders will meet again in Washington on Nov. 15 to discuss how to reform the world's financial system. "We are living in unprecedented times and we need unprecedented levels of global coordination," European Commission President José Manuel Barroso said in Beijing on Thursday. "It's very simple. We swim together or we sink together...

Author: /time Magazine | Title: Markets Plunge Again in Asia, Europe | 10/24/2008 | See Source »

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