The European Union is nothing if not addicted to targets. Promises to achieve particular goals by specific dates are part and parcel of the EU’s daily business. Sometimes the objectives are met, sometimes they are not met, and sometimes it’s hard to tell either way. European monetary union, for example, was launched in 1999, but only after a two-year delay because a majority of member-states didn’t meet the criteria earlier in the decade (did Greece ever meet them?). Read more
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