Carl Bildt Understand Quotations

We must understand that we are at the beginning of the creation of a new European economy in the context of a rapidly changing global economy. The stagnation in some of the central economies isn't the really interesting story at the moment -- the interesting story is the success of the radical reform policies initiated by Estonia a decade ago and recently reinvigorated by Slovakia. Over time, the success of these reforms, and the new growth opportunities they are creating, will influence all the other European economies.