Europe is coming!

Some of the sceptics of Europe see the riots in France, the problems in Italy and Germans vote against economic reform as a signs that EU is not a good idea. We other were happy when we in the latest edition of The Economist could read:

At the very least, European economies are picking up speed. Figures published this week showed that the euro area’s GDP grew by 0.6% in the third quarter (2.6% at an annual rate), the fastest for a year and a half.

Germany, France and Spain all managed 0.6% or better; Italy and the Netherlands reported growth of only 0.3%. Read more in The Economist

If now the EU community could come up with a Global Strategy and sort out the budget everything would be fine.

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