EU faces crisis of selfishness

Professional Adviser
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Members find it hard to open their arms, and markets, to the countries of the former eastern bloc

The most remarkable piece of news to come out of Europe this year was released in March without ceremony by Eurostat, the statistical bureau of the European Union. Prague now has a higher GDP per capita than the European average, meaning it's a richer, more productive place than, for example, Calabria in Italy or Limousin in France. Being among the five loveliest cities in the world helps: tourists flock there, and corporate executives don't mind being relocated there. The Czechs, like their German neighbours, are industrious, hard-working and ambitious. And the beer is good. All the sa...

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