(...) A new form of economic governance for the EU is needed so that Europe is better prepared for future crises and to ensure the success of EU2020, the EU's growth and jobs strategy, said MEPs on Wednesday. They also called for more concrete targets to be inserted into the EU2020 strategy, including a 3% GDP target for R&D spending, binding goals for greenhouse gas emissions and a 50% reduction in EU poverty. These recommendations were set out in two resolutions adopted by MEPs following debates with the Commission and Council. (...)
The US decoupling from the global gloom has limits
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Total economic and financial insulation is an impossibility
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