Word: economices
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What are Europe's ideals? Democracy. Human rights. Wanting to see stable, secure nations, with whom we enjoy political dialogue and economic relationships. (Read: "Denial and Anger in Italy.")
It was supposed to be the moment Europe grew muscles. Last fall, after a decade of work to simplify policymaking and make the European Union more efficient at home and stronger abroad, the last few holdouts signed a 1,000-page document known as the Lisbon Treaty. In November, the...
Let's get one thing straight: Europe is a remarkably good place to live. Many of the E.U.'s member states are among the richest in the world. Workers in Europe usually enjoy long vacations, generous maternity leave and comfortable pension schemes. Universal health insurance is seen as part of...
That argument begins to break down when you have aspirations to help fix the world. Over the past decade or so, many Europeans have liked to think of the E.U. as a counterweight to Washington and now Beijing: a big, rich, but more benign global power. Ask Catherine Ashton to...
Call it the Ka-Ching dynasty. After decades of relying on exports and investment, China's leadership is targeting domestic consumption as the most enduring driver of economic growth. Not only are there more Chinese with money to spend, the still fragile state of the global economy makes self-reliance...