How Europe Is Revving Its Engine

摘要

The European Union recently announced a five-year agenda that is unabashedly pro-business-with a focus on growth,job creation,and technological innovation.Jose Manuel Barroso,the new,young president of the European Commission,was previously Prime Minister of Portugal,one of Europe's success stories.His zeal for fostering employment and a business-friendly environment is genuine.Under his leadership,the EC has pledged to subject all new regulatory initiatives to a tough competitiveness test before they are approved.After a decade of disappointing economic performance,is Europe poised for a sustained rebound? There are reasons to think so.