Word: europeanization
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Dates: during 1970-1979
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...much care for most of Laura Crow's eclectic costumes either. The ones for Olivia's household, post-Elizabethan but still European, are passable. But those for Orsino and his attendants are light organdy dresses that seem to have wandered out of some edition of The Arabian Nights. Is this supposed to be a reverse comment on Viola's transvestism...
...Europe, meanwhile, the nine national leaders of the European Community staged a dress rehearsal summit of their own in the ancient port of Bremen, a favorite city of their host and current chairman, West German Chancellor Helmut Schmidt. After two days of sometimes chummy, sometimes quarrelsome discussions in the tapestry-lined rooms of Bremen's gabled, 15th century city hall, the Club of Nine produced a three-point package that leaders of the four big European states will offer in Bonn...
First, they drafted a new monetary scheme to stabilize international exchange rates that would reconstruct the dismembered European "snake" (which once tied all Community currencies to a narrow range of fluctuation, only to be abandoned over the years by Britain, France and Italy), backed by a new, large reserve fund...
Indeed, the important decisions at Bremen appeared to stem directly from German initiative and French endorsement. The centerpiece of the discussions was the new European monetary system, a Schmidt brainchild first brought up at a Community summit at Copenhagen last April and approved in principle by Giscard at a meeting with the West German leader in Hamburg two weeks...
...will contend that the U.S. import trend is only recent and largely technical. "It won't wash," scoffed a top Schmidt aide. "For both economic and psychological reasons, Washington must tighten the U.S. belt on energy." In the end, politics may help save the day. As host and European spokesman, Schmidt will be personally anxious to avoid a failure. And as a state visitor in West Germany for two days preceding the economic summit-with an overseas opportunity to brighten his dim poll ratings-Carter surely will...