Word: hoffmann
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Dates: during 1990-1999
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...thought the European Union will not become a world leader soon, it is still a formidable economic force, Hoffmann said...
...Europe has the capacity as a major commercial power to influence international affairs," Hoffmann said. "The U.S. can no longer impose its will on the European Union...
...Hoffmann added that Europe's economic position is threatened by cheap labor from the Pacific Rim nations. Not even Germany's lauded industrial sector can long withstand the dumping of low-cost products like textiles and clothing, he said...
...Union's path to economic autonomy is also compromised by the fact that European firms regularly ally themselves with American manufacturers rather than other European companies, Hoffmann said...
...Hoffmann also said he regrets that the European Union is not moving towards a more active role in foreign affairs, since the future of inter-European military integration and diplomatic cooperation is still questionable...