Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-485"
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"en.20101020.21.3-485"2
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"The crisis has taught us a tough lesson and it still has much to teach us about the static and dynamic aspects of economic policies. It is our task to learn from these lessons and put them in practice in order to get going again. We need to avoid the mistakes that were made in the past and recognise the phenomena that had not been identified before, but, above all, we need to be thorough in establishing the relationships between the real economy and finance, protecting employment and general welfare from shocks of this kind. However, the European Union must do more. It must create added value, strengthen the instruments that have worked well (such as the currency), refine those that can be improved (such as the coordination of fiscal and budgetary policies), and create economies of scale for a rapid and long-lasting recovery. I find it very positive that Parliament is reflecting on these issues and that it continues to monitor the situation, as long as these signs are translated into tangible and effective measures."@en1
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