Word: prody
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...United Sates is also bound together by a federal tax code, something that “Euroland” decisively lacks. Interest rates have profoundly different effects depending on the tax rates in the areas where they apply. This has led Romano Prodi, the President of the European Union, to complain that as long as the EU does not have a standardized tax policy it will be “like a soldier trying to march with a ball and chain around one leg.” Joschka Fischer, the German Foreign Minister was rather more revealing when he said...
...facts has become a habit in Europe, where leaders paint a rosy picture of "irreversible" integration and progress that seems untethered to the messy, awkward reality of existing institutions. Privately, many senior E.U. leaders worry about its "democratic deficit" and institutional sclerosis. Even in public, European Commission President Romano Prodi said, "I wasn't enthusiastic the morning after Nice and haven't changed my view since." But at Gothenburg, the consensus was that it's up to Ahern, not the E.U., to figure out how to finesse the problem Ireland's pesky voters have created...
...joint letter published last week in the Swedish daily Göteborgs-Posten, European Commission President Romano Prodi and Swedish Prime Minister Göran Persson indicated a willingness to renegotiate parts of the Kyoto deal to meet U.S. objections. "It would be a tragic mistake to tear up the agreement and start over from scratch," they wrote. "We would lose time, and that would make us all losers." They also stressed that the E.U. would ratify the protocol with or without the participation of the U.S. The E.U.'s strategy - and those of the U.S. and Japan - may become...
...late July to accommodate the new Administration. Now, the Europeans are feeling hoodwinked: though the Bush White House will send representatives to that meeting, they aren't likely to be bearing instructions to advance the process. Indeed, Greenpeace warned this week in a letter to European Commission President Romano Prodi, "It seems likely that the U.S.A. will attempt to block decisions...
...about globalization and its consequences. Ever-closer union means that money, goods and services are more easily exchanged-but it also means that maladies like bse can seep across borders with less resistance. "It is virtually impossible to isolate the European countries from one another," European Commission President Romano Prodi said recently. "We are all one big country." But such bromides only bolster European fears about lost national identity and fuel suspicions that even the most basic concerns of life, such as what we eat, are determined by the ruthless logic of the global marketplace and the unaccountable corporations...