What this issue really means. The debate on the second major challenge facing Europe is as important as the debate on the future of the euro and has kicked off in what can be described as excellent conditions. I am referring to the EU's financial perspectives for 2014-2020 and in an effort to avoid any reductionist description this does not exclusively focus on the question of the budgets. It is true that the concrete objective involves defining the seven Community budgets for the period...