Jump-starting Europe to surpass America

  • 2003-10-23
  • From wire reports
European leaders who took part in the economic summit in Brussels last week called their single economy "fragile" and agreed that it needed rigorous reform and massive financial injections in order to ensure steady long-term growth.Though EU leaders said there were signs of recovery, they discussed their limited financial options for galvanizing the 15-soon-to-be-25 member union in order to overtake the United States as the world's most competitive economy. With the EU's biggest economies stuck in a painful slowdown, the bloc is mired in a row over whether budgetary discipline should take...
 
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