Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-04-07-Speech-3-067"

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"en.20100407.4.3-067"2
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"I welcome the outcome of the European Council, especially the important decision made to support Greece, in cooperation with the IMF. This is an important step towards strengthening European solidarity. Greece is not the only State in the euro area facing financial problems. Structural reforms and restoring macroeconomic stability through reallocating budget resources to support sustainable growth are more pertinent than direct aid. The European Union needs a new, medium-term strategic vision for growth and development, combined with the prudent collection and redistribution of financial resources. Two fundamental reforms need to be added – the reform of the CAP and the reform of the cohesion policy, two budget items absorbing a large volume of resources. Increasing employment, boosting competitiveness and productivity, along with exceptionally productive investments in research and innovation are the main measures for halting the decline and kick-starting sustainable growth, which are key objectives in the Europe 2020 strategy."@en1

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