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...backing off, for example, when it comes to tackling energy oligopolies and inefficient, formerly state-run telecom operators. "We are in a state of crisis," she says. "We can't just have a battery of lofty goals and feel-good measures. We need political will to address Europe's real shortcomings...

Author: /time Magazine | Title: Europe's New Economic Strategy: A Miracle Cure? | 3/2/2010 | See Source »

...They have become louder as the euro crisis has unfolded in recent weeks, with many officials saying that tougher fiscal oversight might have prevented the collapse of Greece's public finances. "We cannot have a pick-and-mix strategy, allowing everyone to do the easy parts and leave the real challenges to one side," Barroso told the European Parliament last week. "We need strong and true coordination in the economic field." (See the top 10 financial-crisis buzzwords...

Author: /time Magazine | Title: Europe's New Economic Strategy: A Miracle Cure? | 3/2/2010 | See Source »

...been doing his homework. In January, he traveled to MIT to take part in a two-day seminar on innovation, visiting the kinds of labs, design rooms and incubators where new technologies are born. Two weeks ago in Moscow, he hosted a delegation from the real Silicon Valley that included top executives from eBay, Twitter and Cisco Systems. The actor Ashton Kutcher also came along, and documented the visit on his Twitter feed. "Russia is building their own Silicon valley. And they want help," Kutcher tweeted on Feb. 18. "If we rebuilt it today what would we do differently...

Author: /time Magazine | Title: Can a Russian Silicon Valley Spur Tech Innovation? | 3/1/2010 | See Source »

Washington struggled to persuade the European members of NATO to pull their military weight even in the years when the alliance's purpose was to protect them from a Soviet invasion. Now that NATO is fighting a real war against assorted insurgents far from home in Afghanistan, getting the Europeans to pony up resources is proving to be an even tougher sell - and threatening NATO's very survival. (See pictures of the U.S. Army Reserve...

Author: /time Magazine | Title: As Afghan Role Dwindles, Doubts Grow About NATO's Future | 3/1/2010 | See Source »

...dwindling support for the war paint a bleak picture. "The demilitarization of Europe - where large swaths of the general public and political class are averse to military force and the risks that go with it - has gone from a blessing in the 20th century to an impediment to achieving real security and lasting peace in the 21st," Gates warned...

Author: /time Magazine | Title: As Afghan Role Dwindles, Doubts Grow About NATO's Future | 3/1/2010 | See Source »

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