If the freedoms and social benefits that Europeans have won since the creation of the EU must come at the expense of mass idleness, then the project has already failed.

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Despite thin profit margins and the big expense, American Chief Executive Gerard Arpey believes the project is crucial.

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Citi will resolve the conflicts between research and investment banking, file its financial reports sooner, allocate public offerings more fairly, project gains in pension funds more conservatively, treat stock options as an expense, and insist that structured transactions be more clearly disclosed.

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She says she got approval for the project within a year and that site cleanup began, at Renault's expense, in 2002.

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