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John Monks says he is "very optimistic" about the new markets opened up by accession (Photo: ETUC)

EU 'going backwards' on economic goals

Europe is going backwards in its aim to become the most competitive economy in the world by 2010, the head of the European Trades Union Congress has told the EUobserver.

In an interview with this news site, John Monks said he was pessimistic for the prospects of the EU acheiving its goals, saying, "it’s not that certain things won’t be acheived, it’s that we’re going backwards, particularly in key areas like R&D, innovation rates and investment".

But he does not believe that the ...

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John Monks says he is "very optimistic" about the new markets opened up by accession (Photo: ETUC)

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