Thursday, September 24, 2009

EU Official says U.S. and Europe Must Lead

The president of the European Commission of the European Union spoke at the University of Pittsburgh today. Jose Manuel Barroso told the crowd that Europe and the U.S. had the clout and global reach to offer effective and positive leadership for the world. He warned that this is no time for complacency and that they must keep up the momentum for reforming the financial markets. Barroso says the nations' leaders need a "grand bargain" that will challenge developing countries to mitigate emissions in order to receive foreign aid. Barroso received an honorary doctorate in public and international affairs during a ceremony at Alumni Hall.

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