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The US is still far ahead of the EU economically (Photo: EUobserver)

Prodi: 'radical change' needed for EU to catch US

Commission President Romano Prodi on Tuesday (25 May) called for a "radical change" in EU economic policy if it is to succeed in its ambitious goal to overhaul the US and become the "most competitive economy in the world by 2010" - its so-called Lisbon strategy.

Speaking at a meeting of the European Economic and Social Committee, Mr Prodi said that the process is undergoing "great difficulti...

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The US is still far ahead of the EU economically (Photo: EUobserver)

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