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...economies - and there was no enforcement mechanism in place to put them into line. Ann Mettler, head of the Lisbon Council, a Brussels-based think tank, says European leaders have been too cautious about reform, 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 »

...Barroso sees this is a crisis-driven leap into further European economic integration. Euro-zone finance ministers are already putting Greece's budgetary policies under more scrutiny than any member state has ever had to endure - and there are now suggestions that similar measures could be taken with economic policies at the E.U. level. In January, Spanish Prime Minister José Luis Zapatero even called for countries to face "corrective measures" if they under-perform economically, although that idea was quickly shot down by Germany, Britain and the Netherlands. Herman Van Rompuy, the new E.U. President, put forth a more...

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

Cambridge City Councillor Marjorie C. Decker withdrew her candidacy for the Mass. State Senate yesterday, saying that her chances of winning the seat were too slim to justify continuing her campaign...

Author: By Julie M. Zauzmer, CRIMSON STAFF WRITER | Title: Councillor Withdraws State Senate Candidacy | 3/2/2010 | See Source »

...When the Special Election for State Senate was first announced, I considered the prospects for victory extremely promising,” Decker wrote in a statement. “Since I announced my candidacy, the number of candidates has increased dramatically—more than doubling—thus my chances of winning have been greatly reduced. In good conscience, I cannot ask my family, friends and supporters to give more time, effort and financial support if there is no realistic prospect of success...

Author: By Julie M. Zauzmer, CRIMSON STAFF WRITER | Title: Councillor Withdraws State Senate Candidacy | 3/2/2010 | See Source »

...special election for the Middlesex, Suffolk, and Essex State Senate seat will be held on May 11. The seat was vacated in January when former Senator Anthony D. Galluccio was imprisoned for an alcohol-related probation violation. While the ballot for the special election will not be finalized until next Wednesday, as many as ten candidates may be seeking the seat...

Author: By Julie M. Zauzmer, CRIMSON STAFF WRITER | Title: Councillor Withdraws State Senate Candidacy | 3/2/2010 | See Source »

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