ALMOST exactly a year ago, I found myself reporting the fuss in Brussels about the failure of the Lisbon Strategy, the European Union's 10-year plan to make Europe "the most dynamic and competitive knowledge-based economy in the world capable of sustainable economic growth with more and better jobs and greater social cohesion, and respect for the environment by 2010".

Source: The Economist

http://www.economist.com/blogs/bagehot/2011/01/britain_and_nordic_world_0