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For years, we have heard warnings that Europe needs to contribute more to NATO's capability.
For years, European leaders have pointed out that Europe is an economic giant, but a military pygmy.
But we acted pre-emptively in Kosovo in 1999 to stop Milosevic from doing what he was doing and increasingly doing the ethnic cleansing in a systematic way.
And, perhaps most importantly, regional conflicts will again and again confront us with a cruel choice between costly engagement and costly indifference.
And most countries are now reducing the number of conscripts and increasing the professionals that are available because they're available on short notice.
And I was asked if I would come and help with the recovery of this great British company, Cable and Wireless, and I'm delighted to become part of the new and very talented management that have been brought in to that company as well.
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