Word: european
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Dates: during 1980-1989
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...straightforward yes or no to reunification is too simple in so complex a constellation. NATO and the Warsaw Pact will have to shed their military dimensions. The European Community will have to define its attitudes toward Eastern Europe. The two Germanys will want to expand the web of existing agreements between them, an interweaving of interests that neither can unravel without harming itself. In years to come, perhaps a German confederation within an expanded European Community may emerge, but in an age of new perceptions, it may not matter what it is called...
These questions, of course, press on European capitals too. Yet the U.S., as leader of the Western alliance, has both the chance and the obligation to try to frame a coordinated policy. Alas, that calls for a vision of a new European order -- and "the vision thing" has never been George Bush's forte. So far, his Administration has shown no inclination to do anything except stand on the sidelines and cheer. Some Bush officials argue that it is all Washington needs...
...European press lost its appetite for unraveling the Pan Am mystery. Since last summer, newspapers and magazines in Britain and Germany have bannered a disturbing mix of unsubstantiated charges and possibly valuable clues about the bombing...
Nothing is more objective than the new class of European and Japanese investors. What the Japanese are doing has very little relation to collecting as it was once understood. They are, quite simply, investment-buying on a huge scale, with limitless quantities of cheap credit: one zaibatsu offers open- ended loans of any size at 7% (3.5 points below the U.S. prime rate) to Japanese who want to buy Western...
...independent Germany will rouse fears all over Europe. Reunification would create new problems for German integration into the European Community in 1992 and could easily flame suspicions and destabilize relations between currently friendly nations...