Gerhard Schröder, Ex-Chancellor of Germany, writes in today’s FT that Europe need to balance structural reform with maintaining global competitiveness, key in which is “moving away from pure austerity and towards growth” before National economies are “Strangled by strict austerity measures”.

“Only a United Europe can stand a chance in a globalised political world dominated by US and Asia, led by China”

http://www.ft.com/cms/s/0/7254f576-cdca-11e2-a13e-00144feab7de.html