Exploits against information systems are particularly attractive to organized crime and state actors because of the richness of the target environment, the ease of exploitation, low cost of attack development, reasonably strong anonymity and difficulties in attribution, and the practical shortfalls of international legal frameworks and law enforcement regimes.

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But they failed to allow for the fact that the commission discharges lots of practical duties vital to national interests, and so needs a boss strong enough to keep it stable and orderly.

ECONOMIST: Europe has to scratch its head

In practical terms, it means that investors may not be looking elsewhere for strong returns anytime soon.

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