Weak Europe of no interest at all

The Europeans' delight at Barack Obama's re-election is not entirely understandable as far as the online edition of business paper Hospodářské noviny is concerned: "For the supporters of traditional transatlantic relations, Obama's re-election is actually bad news. Obama's foreign policy has pushed Europe aside in favour of Asia. But for their part, apart from sharing the same values as the US, the Europeans don't really have anything to offer Obama. They have failed to pull themselves out of the economic, currency and integration crises. So for the White House this raises the question of why the new/old president should help the continent recover by fostering a special relationship with it. Obama's stance on Europe during his second term of office is likely to be even more sceptical and dismissive."

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