All member states of the Union are all engaged in policies of fiscal consolidation and strengthening competitiveness via comprehensive reforms.

WHITEHOUSE: President Obama Speaks on US-EU Summit with Herman Van Rompuy and President Jos�� Manuel Barroso | The White House

The 15-member Advisory Board was formed, as part of the America COMPETES Reauthorization Act, to guide a comprehensive review of U.S. innovation and global competitiveness of the 21st century.

FORBES: Can't Wait to Innovate

And above all, it needs a comprehensive growth strategy to accompany the austerity that will enable peripheral countries to address their chronic lack of competitiveness.

WSJ: Agenda: Greek Situation Is Most Serious of Latest Euro Crisis