After all the Airbus triumphalism yesterday, this report makes interesting reading:

โ€œThe European Commission has quietly dropped a five year old EU pledge to make Europe the worldโ€™s most competitive economy by 2010.โ€

โ€™Lisbonโ€™ has been an EU clarion call for quite a few years. If this report is accurate, itโ€™s not only a recognition of reality, but a humiliation.

Via EUpolitix