Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-099"

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"en.20100519.3.3-099"2
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"In March, the European Commission presented a new economic development plan for Europe. After the Lisbon Strategy, Europe 2020 is the next attempt at reviving the European economy. However, this time the challenge is more difficult, because the plan has to be put into effect in a situation of economic crisis. Smart growth, sustainable growth and inclusive growth are the priorities proposed in the new strategy, and they define where the EU wants to be by 2020. However, before we begin to act upon these priorities, we must draw some lessons from the economic collapse, which has spread permanently across the world. The economies of Europe are strongly linked. None of the Member States is able to mount effective resistance to global threats on its own. When we act together, we are stronger, and therefore, to emerge successfully from the crisis and put the principles of Europe 2020 into effect, we need close coordination of the economic policies of all the countries of the European Union. Not doing this may lead to another lost decade, a lasting halt to growth and mass unemployment. The new strategy is based on very ambitious ideas. In relation to this, we must make every effort so that this attempt to develop another economic strategy for Europe does not turn out to be just wishful thinking and does not end up like the Lisbon Strategy, which was supposed to transform the European Union into the most dynamic knowledge-based economy in the world by 2010, but which was a spectacular failure. Thank you."@en1

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