Word: europeanize
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Dates: during 1990-1999
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...been adamant in calling for strict application of the Maastricht criteria and for ironclad rules to support the euro, so that it will be as strong as the German mark. Some believe that privately he is a single-currency foe fearful of losing his power to the new European Central Bank. Former German Chancellor Helmut Schmidt, in an extraordinary open letter last year, branded Tietmeyer's stance as anti-European. "If you continue with your stubborn policies," Schmidt wrote to the banker, "Germany will become isolated...
...Faction, is used to taking the heat for tough decisions. A senior economic-policy bureaucrat and later the top civil servant in the Finance Ministry, he was Germany's negotiator during the contentious exchange-rate talks of the 1980s. A staunch conservative on monetary policy, Tietmeyer nonetheless has supported European integration, and as far back as the 1970s sat on a committee that drafted an early plan for monetary union...
Each novel, in its style, captures the style of its generation, and can be read by bemused elders as a shrewd caricature of disaffected post-childhood wanderers desperate to avoid adulthood. Garland's characters are young European and American backpackers who circle like dead leaves in an eddy through the guesthouses of Southeast Asia: this month Lombok, next week or next month or in another life, Loh Liang or Zanskar. Garland writes as they travel, without emotion or opinion or allegiance. His narrator is an affectless young Englishman named Richard, who, in Thailand, comes upon a hand-drawn map that...
Percy Barnevik is in full flight, his long arms flinging one transparency after another onto the overhead projector to show figures from the latest European Union study on global competitiveness. "Pitiful," he snaps at one slide on Europe's low investment in Southeast Asia. "We are clearly losing ground," he says, slapping down a chart on the dwindling European share of world trade. When he finishes his downbeat presentation at the E.U. headquarters in Brussels, a reporter asks if he has any fresh proposals to solve the problems. "We don't need any more bright ideas. There are lots...
...Albania: Less than 12 hours after the country entered a state of emergency amid widespread violence, Albania's parliament re-elected the man who pledged to use an "iron fist" to end the chaos. Thus President Sali Berisha enters his fifth year as leader of this often forgotten Eastern European nation, which has been gripped with unrest since mid-January when failed pyramid schemes left thousands destitute. Under the state of emergency, declared Sunday evening, people cannot gather in groups of more than four and must stay off the streets between 8 pm and 7 am. People caught outside during...