Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-491"

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"en.20101020.21.3-491"2
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"The effects of the economic and financial crisis are persisting well beyond what we might have hoped, with ever more serious social repercussions. As I have argued, and as this report also substantiates, this crisis has shown that we need more Europe. In a large area that has borders open to free movement and an internal market, it has become unacceptable to allow the resistance of a system of mediation, monitoring and supervision based on the power of individual states, which is small and limited in scope given the situation in Europe and the rest of the world. The strengthening of economic governance, financial supervision and the power to coordinate policies and economic and monetary matters on the part of the EU institutions will ensure greater stability and a greater ability to act swiftly and efficiently. I would like to highlight the recognition of the importance of the Europe 2020 strategy, where research and innovation are central to the competitiveness of companies and job creation. I would like to reiterate the importance of the internal market and small and medium-sized enterprises (SMEs) for the revival and dynamisation of the economy, to which end measures are being deployed to promote their consolidation and sustained development."@en1

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