Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-05-04-Speech-1-043"

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"en.20090504.14.1-043"2
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"The enlargement of the European Union has brought growth, peace and stability, as well as making democratisation possible. The most recent enlargement, which took place five years ago, has been a success story, but today we are faced with an economic situation which requires fast and effective action. We can see and feel the benefits of full integration into the European Union and the enlargement of the euro zone. The bulwark provided by the euro has proved a successful safeguard, not only for economic interests within the European Union, but also for those of Wider Europe. In the European Union, we are experiencing, not 27 economic crises, but one single one, a very serious and deep crisis. The fastest way for us to solve it will be to team up with other European countries and take coordinated, timely and decisive action. Protectionism is a retrograde step, but populism is a recipe for economic collapse. Companies which are growing and expanding have a future. Similarly, the future of the European Union lies in its continued enlargement and in creating and building on new possibilities and better opportunities."@en1
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