Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-01-13-Speech-2-051"
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"en.20090113.5.2-051"2
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"Nearly one year ago, when marking the 10th anniversary of the creation of the European Central Bank (ECB) and Economic and Monetary Union (EMU), we highlighted the fact that: ‘In the ten years it has been in existence, the results achieved by EMU are a resounding success.’
I think that this assessment is quite appropriate as I am a strong believer in the importance of the solidarity which Member States need to show in their joint actions to combat the effects of the financial crisis and reduce the adverse impact of the global economic crisis. Europe is in its most precarious economic situation since the end of the Second World War. In this climate, marking the 10th anniversary of the introduction of the euro must refocus our attention on the major European integration projects.
The introduction of the European single currency and the creation of EMU were joint decisions made through harmonisation and solidarity based on European values. This is the kind of attitude which we also need this year in order to devise and successfully implement measures to combat the financial crisis. Europe’s competitiveness has to be maintained within the euro area and must be boosted in Member States which are preparing to join the euro area. Furthermore, EMU members’ diverse interests must take secondary priority to the EU’s common economic interests."@en1
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