For example, Slovenia’s accession and rise to the Union’s presidency has been only the most recent and vivid testimony to the notion that the trauma of the iron curtain – once gripping Europe – is definitely behind us. Some facts which punctuated our short history were less joyful events.
My memory goes to the bursting of the dot-com bubble, the aftermath of the tragic terrorist attacks on 9/11, the persistence of sizeable global imbalances, the surge in global commodity and energy prices and, more recently, the surge of food prices and the financial turbulences that originated from the sub-prime crisis.