Tuesday, February 27, 2007

Wednesday, February 28- European Union

Wednesday, February 28

"Two independent studies suggest the EU is getting closer to its job and growth targets although productivity and spending on research remain problematic.." began an EU article entitled "EU Closer to Reaching Job Goals, Think-tanks say," on February 26. Economic goals are listed by leaders in Lisbon, and in 2000, these leaders listed goals such as growth, employment, research and development, as well as social and environmental protection.
So far, some countries are exceeding these goals, and some are not working hard enough. Denmark is among those that are exceeding these goals, with the highest employment rates, the most successful high-tech industries and the best social protection. The Netherlands is succeeding right beside Denmark, while France, Germany and Italy (the biggests of the EU member states) are average.

Some people say there is even a rise in labor productivity, due to improvement in education within the last few years.

The economy is looking up for the European Union, and they are going to do their best to keep it this way because a decline in the economy is predicted to occur between 2010 and 2020.

http://euobserver.com/19/23571

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