EU Sees Dreams of Power Wane as ‘G-2’ Rises

The Wall Street Journal
January 26, 2010

BERLIN—This year, the 27-nation European Union was supposed to come of age as an actor on the world stage, bolstered by the Lisbon Treaty, which streamlines the EU’s cumbersome institutions. Instead, Europe is starting to look like the loser in a new geopolitical order dominated by the U.S. and emerging powers led by China.