Europe’s Red-Tape Economy

Over the past 60 years, the great project of European integration has overcome many challenges: post-war economic hardships, communism, and post-Cold War uncertainty. But now the EU faces an equally important challenge: reducing the burden of regulation weighing down its major industries.

WARSAW – Over the past 60 years, the project of European integration has confronted many challenges: post-war economic hardships, the heavy yoke of communism, and the uncertain footing of the post-Cold War world. But, while it has overcome them all, with the European Union now comprising 28 states, many of which now share a common currency, the EU faces another, equally important challenge – that of reducing the burden of regulation weighing down its major industries.

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