Word: lisbon
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...Indeed, the Europe 2020 strategy had a similarly ambitious predecessor that failed to deliver: the ill-fated Lisbon agenda, which was adopted with fanfare by E.U. leaders a decade ago with the aim of transforming Europe into "the world's most competitive and dynamic knowledge-based economy" by 2010. But the bloc fell far short of its goal of overtaking the U.S. and Japan, and even failed to meet its self-imposed economic targets. For example, that plan also called for E.U. research and development spending to increase to 3% of GDP, but only Sweden and Finland currently meet that...
...democratic system that allowed the Parliament to have a say on the issue is only two months old. Under the E.U.'s Lisbon Treaty, which came into force in December, Parliament members now decide jointly with European governments on legal affairs. And by blocking the SWIFT agreement, they proved that they were not shy about exercising their new powers. Dutch lawmaker Jeanine Hennis-Plasschaert, who led the Parliament's attack on the deal, said if the Obama Administration had proposed such a data-sharing arrangement in the U.S., "we all know what the U.S. Congress would...
...vote has sparked the usual questions about whether there is a fundamental cultural divide between the U.S. and Europe over balancing security concerns with civil liberties. But the real significance may be simply institutional: the European Parliament, freshly endowed with new lawmaking powers following the passage of the Lisbon Treaty last year, is flexing its muscles as an emerging player in European politics. Suddenly, the legislative body has a semblance of real power - something it never really had before. (See the worst business deals...
...members were sincere in their concerns over civil liberties, some were perhaps also a little over-excited to exercise their new authority. "The institutional landscape has changed," he says. "This is an early affirmation of the European Parliament's increased powers and self-confidence in the wake of the Lisbon Treaty. And it now has political ambition and the guts to exercise...
...whole world coming together to bring help and relief to populations affected by disaster. Terrible though they are, events such as the earthquake in Haiti manage to reach out to the hearts of people and nations everywhere, and bring out the best in them. Teresa de Mello e Almeida Lisbon...