(...)Europe as a whole is moving much too slowly into knowledge-based industries to ensure it profits from the new division of labor being brought about by globalization.The reason is not hard to find. At less than 2 percent of GDP, the EU continues to invest far less in research and development than competitors such as the United States or Japan.(...)
I just hope that someday, in France, investments in the future of the country won't be denied because of the cost of the past.
Get with it, Europe; from the International Herald Tribune.