Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-097"

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"The economic recovery is under way in Europe. However, the climate remains uncertain. Global economic recovery is still fragile, with the pace of the process varying from country to country. The top priority is still to create a stable basis which will systematically promote sustained, balanced economic growth. To this end, we must create a system which will support simultaneously the response to the crisis, prevention and medium- and long-term cooperation. The European Union must be a strong partner, capable of not only applying its experience in economic and political integration, but of also making a significant contribution to global economic governance. We need to devise credible and viable economic policies in the medium term and coordinate a macro-economic policy which will be based on a framework for sustained, balanced growth, drawn up by the G20. A strategy for the EU’s economic policies must include the following: an action plan on using the structural reforms to reinforce economic growth and employment, consolidated fiscal reform and increasing economic governance of the EU and euro area. A G20 development agenda must be adopted, with a multiannual action plan, which will promote economic growth and flexibility for developing countries."@en1

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