Against dramatisation. The European Commission's communication on "an industrial policy for an enlarged Europe" is, in my view, one of the best documents to come out of the Community machine in recent times. Europe needed it, because we know the fears about the delocalisation of production activities from the EU to parts of the world where production costs (especially labour costs) are lower, within the context of the alleged "disindustrialisation of Europe", and which is one of the main...