"We Have To Reinvent The Idea Of Europe"

DIETER TELEMANS / PANOS for TIME

TRADING PLACES: E.U. Trade Commissioner Peter Mandelson thinks Europe needs a rethink

A s a chief architect of Britain's "New Labour" strategy, Peter Mandelson was Tony Blair's most valued adviser. As E.U. Commissioner for Trade, he now focuses on Europe's competitiveness. He spoke last week in Brussels to Time's Leo Cendrowicz — but only until a phone call from 10 Downing Street interrupted the interview ...

The European Union is facing a crisis of confidence. How can the E.U. make itself more relevant in an increasingly complex environment? It's a crisis of direction rather than a crisis of identity. It reflects two...

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