Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-14-Speech-4-302-000"
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"en.20120614.22.4-302-000"2
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".
I have learnt much from the recent financial and economic crisis in Europe. It is now very clear that, in the European Union
and even more in the monetary union
our economies and our successes and failures are interconnected. Although the EU has a number of instruments for the coordination of economic policy, the crisis has shown that they were not fully exploited and that there are gaps in the current system of governance. The European Union has made efforts to adopt measures that would make it possible to overcome the crisis and to draw lessons from it for the future. The European economic recovery plan implemented in 2008 helped to mitigate the shocks caused by the economic downturn in our economies. Coordinated support was provided to the EU Member States that needed it, and measures were also put in place to protect the stability of the economic and monetary union. Now that the framework of the Europe 2020 strategy has been introduced, a number of initiatives have been proposed that aim to make accessible the EU’s potential in the area of enhancing growth and job creation. I firmly believe that the EU needs a well-defined policy approach that will promote economic recovery, restore the health of public finances and, above all, actively promote sustainable growth and jobs."@en1
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