The Lisbon Scorecard IX

Download or read book The Lisbon Scorecard IX written by Simon Tilford and published by Centre for European Reform. This book was released on 2009 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: EU governments are taking increasingly unorthodox measures to prevent the economic crisis from overwhelming their economies. They are right to intervene, but their policies must not undermine Europe's long-term economic growth prospects in the process. The Lisbon scorecard IX argues that the financial crisis should not be used as an excuse to go slow on economic reform. The European Commission needs to resist what is likely to be ferocious lobbying for a dilution of competition policy and state aid rules. A retreat from the liberalising agenda of recent years would cause as much damage to the European economy in the long term as the financial crisis is doing in the short term.