Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-15-Speech-4-103-000"
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"en.20111215.5.4-103-000"2
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"Madam President, at a time of crisis Europe needs to increase competitiveness, since this will make a significant contribution to its economic growth. The key here is the role of the common market, whose proper functioning and development is in fact determined by competition policy. The policy of strengthening competitiveness may become an effective tool in the fight against the crisis, but it must be properly targeted in order for this to happen.
We all remember the spectacular disaster of the Lisbon Strategy, which was meant to make the European Union the most competitive economy in the world. Attempts to make the EU the most competitive global economy have failed because the previous paradigm of economic integration has changed. All attempts to control the economy at European level, including the Lisbon Strategy itself, have met with disaster. Competition policy should therefore be used to uncover Europe’s hidden economic potential, instead of being a tool for complex economic engineering. We must not forget this, especially at a time of crisis, when competitiveness policy has a special role to play."@en1
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