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FRANKFURT — The European economy grew more slowly than expected in the fourth quarter of 2010, a sign that some countries are still suffering from too much debt and not enough competitiveness.
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But Fulham has enough fight and enough ambition that it could continue to test Drogba's competitiveness.
That says enough about the competitiveness of the sport and the quality that other players bring.
"Doing the German solution of structural reform is going to take a decade, not fast enough to restore competitiveness.
A share scheme for postal workers is being devised and further tranches could be sold later (as at Eni and Enel, the electricity company, in the 1990s), but the government will keep a controlling stake.Francesco Giavazzi, an economics professor at Bocconi University in Milan, dismisses the programme as focused too much on filling the state's coffers and not enough on improving competitiveness.
But whether by themselves they will be enough to restore lost competitiveness is less clear.
In a league where trading is difficult, losing franchises can remain bad for years on end, until they manage to draft enough amateur talent to regain competitiveness.
Others are more subtle, pointing to the virtues of Germany's fiscal probity, praising the country's tough labour-market reforms and lamenting southern Europe's lack of manufacturing clout.A plan that does not add upTo Mrs Merkel and much of Germany's elite, making Europe more prosperous by promoting competitiveness is strategy enough.
Renewable energy fees are not yet high enough to affect China's competitiveness even in energy-intensive industries, said the chairman of a Chinese industrial company, who asked not to be identified because of the political sensitivity of electricity rates in China.
The country has too few big companies, too much regulation, poor competitiveness, and not enough investment in new technology.Francesco Giavazzi, a professor of economics at Bocconi University, Milan, says that "the question [of Italy's growth potential] has been in the background for the last 30 years".
"Do our job, stabilize the economy, improve competitiveness, and be brave enough at home to do a proper job".
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