Word: europeanization
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...much wealth can please you; the happiness benefit of an increasing income is especially powerful among people who don't have much money to start with, and diminishes as wealth increases. But studies also reveal that as average income levels have risen over time - in the U.S. and European nations, for example - residents of those countries have not reported being any happier than people were 30 or 40 years ago. It's a paradox that while income and happiness may be associated within a population at any given moment, overall economic growth does not appear to correspond to a boost...
...difficult time now getting to the top," she explains. The quota has gone down well, however, with union members. "It's never too late," says Jan Jurczyk, a spokesman for Germany's public sector union, Verdi. "German companies still have a lot of catching up to do with their European counterparts." He hopes Deutsche Telekom will set an example for other companies where women are "still implicitly shut out of top jobs...
...economy is struggling to get back on its feet. Unemployment is creeping up and public finances are deteriorating. Germany's budget deficit reached 3.3% of GDP in 2009 and is forecast to rise to more than 5% of GDP this year - far more than the 3% limit set by European Union rules. Add in worries that Berlin could end up bailing Greece out of its own financial predicament (so far Merkel's response to calls for help has been a firm nein, though she has proposed a new European Monetary Fund that could help in the future...
...Germans ... don't want to bail out the feckless Greeks with their flagrantly inaccurate official statistics; they resent being Europe's banker of last resort; they object to the universal demand that they plug the vast holes in the Greek budget deficit in the name of 'European unity'; and for the first time in a long time they are saying it out loud." --3/8/10...
...hegemony in the western hemisphere. (For its part, the Obama Administration says it wants more of a "partnership" with Latin America instead of the traditional U.S. dominance.) But if history is any guide, it's doubtful that the situation will lead to anything like a Latin version of the European Union (E.U.). The Latin American landscape is littered with the acronyms of failed attempts to realize Simón Bolívar's dream of regional unity, and CELAC may well turn out to be little more than Calderón's attempt to make Mexico regionally and globally relevant...