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The Wall Street Journal (April 8)

2011/ 04/ 11 by jd in Global News

Many have forgotten the “Lisbon Irony.” The 2000 EU summit was held in Portugal where European leaders unveiled the Lisbon Agenda “to transform the European economy into the world’s most ‘competitive and dynamic’ by 2010.” Instead, Portugal is now asking the EU and the IMF for a bailout. As the Journal notes, the Lisbon Agenda “didn’t turn out that way, least of all for Portugal.”

Many have forgotten the “Lisbon Irony.” The 2000 EU summit was held in Portugal where European leaders unveiled the Lisbon Agenda “to transform the European economy into the world’s most ‘competitive and dynamic’ by 2010.” Instead, Portugal is now asking the EU and the IMF for a bailout. As the Journal notes, the Lisbon Agenda “didn’t turn out that way, least of all for Portugal.”