Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-04-22-Speech-4-028"
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"en.20040422.2.4-028"2
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"Madam President, last Tuesday Mr Trichet, President of the European Central Bank, gave a speech about the European economy. He appeared to be very concerned at the slow recovery of economic growth. I share that concern, as growth is taking too long to appear. A passive attitude will do nothing to encourage growth. We need action, and that is just what we do not see.
According to Mr Trichet – and I agree with him – we agree in Europe as to our diagnosis, but – and here I go further than Mr Trichet – our political input is not producing solutions.
I want to urge the Member States to overlook their differences once and for all and take action. Countries like China and India will miss no opportunity to forge ahead of us. Action will be hard and demand political sacrifices, but waiting longer would be irresponsible."@en1
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