Last Thursday's speech by Benita Ferrero-Waldner on EU-Latin American relations brought a very timely clarification to the Commission's orientations towards this continent, which is so important to Europe on political, economic, cultural and historical levels. The European Commissioner for External Relations defined realistic objectives, leaving aside, finally, the project for a colossal free trade zone with Mercosur, which over so many years represents a kind of fetish, untouchable and at...