This would establish a clear link between reforms and restoring competitiveness, which is essential for growth and job creation. Smooth functioning of product and labour markets is a prerequisite for growth and job creation in EMU. I therefore welcome the announcement that next year the European Commission will undertake a systematic review of product and labour markets.
But our senior managers feel they have reached the nirvana, they know everything and nobody can teach anything to them anymore. I believe they are sadly mistaken as they do not realize how much they are missing in terms of their own personal and professional growth.