Happy Birthday, EU!

By March 25, 2007General

Fifty years ago today leaders of France, West Germany, Italy, Belgium, the Netherlands and Luxembourg signed the Treaty of Rome establishing the European Economic Community, the predecessor of the European Union.

True, today the EU suffers the pains of hyperbureaucracy, anti-growth policies, constitutional disputes and a slough of demographic despond, on top of all the difficulties of absorbing the former Soviet bloc countries. All that aside, there can be no doubt that, second only to the American-led NATO, the federation helped build and preserve a peaceful, prosperous Europe over the past half century.

So happy 50th, EU. God speed.