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Archive for May 8th, 2007

Economic Growth in the Euro Area - No Time to Relax

Tuesday, May 8th, 2007

Europe is growing, and more strongly than was thought only a few months ago – that’s the positive message to come out of the European Commission’s spring economic forecasts, published on May 7th. Growth of 2.7% in 2006 represents the best performance by the euro area since 2000, and … Continue Reading…

Why Prime Minister Gordon Brown must say sorry for Iraq

Tuesday, May 8th, 2007

On Thursday this week, British Prime Minister Tony Blair will announce the date he will step down as premier, all but cementing a July handover to his long time political friend and rival Gordon Brown. As Chancellor Brown moves nextdoor into Number 10 Downing Street, he faces some big challenges on the economy and on reinvigorating the domestic policy agenda. But the only way he will be able to make the necessary break with the Blair era and restore the Labour Party’s electoral fortunes is to offer a full and unequivocal apology for the mistakes of the government’s policy towards Iraq. Continue Reading…