Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-11-Speech-3-096"

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"The European economy is suffering the effects of the global financial crisis, seeing the greatest and most serious decline in the last 60 years. The crisis is an enormous test for Europe. It affects companies and, at the same time, ordinary people and their families. Many are living in fear, particularly of losing their jobs, and are looking to the EU to save them. Europe cannot just be the sum of 27 national interests. It must be based on solidarity and the willingness of Member States and regions to implement their programme objectives as quickly as possible. At a time of economic crisis, it should be clear to us that we must concentrate on the Lisbon objectives, particularly in the area of employment. It is cohesion policy that has the financial instruments which must be applied intensively and flexibly during the crisis. The financial resources of EU Cohesion Policy for the period 2007-2013 can significantly help to fulfil the objectives of the EU’s renewed Lisbon Strategy for growth and employment, which brings together ordinary people, companies, infrastructure, the energy sector and research and innovation. We need to improve coordination and to abandon protectionism and all forms of demagoguery. We must restart capital flows and capital transfers. I firmly believe that investments in innovation, new technologies and eco-innovations will bring the new opportunities which are essential for securing an effective response to the current financial crisis. We must eliminate all barriers and create a genuine internal market in renewable energy."@en1

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