Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-380-250"
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"en.20120703.18.2-380-250"2
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"The crisis affecting the EU and the world in general has highlighted the need for the EU to take a good look at itself in order to identify the challenges that it is facing and enhance the ways it benefits its main trading partners. Globalisation also requires that the different actors coordinate with one another on the various macro-economic and financial policies. This report lists several areas in which the EU and the Member States should increase their effectiveness and/or rethink their strategies. The rapporteur highlights a number of elements as essential to attracting direct investment to Europe: maximising the benefits of cohesion policy, in order to attract additional funding from innovative financial instruments, and suggesting strategies to develop human capital, such as modernising labour markets and education systems, underpinned by knowledge based on innovation and research. The report also reaffirms that the stability of the euro area and greater intervention in the financial system by the European Central Bank are necessary, as the credit crunch is adversely affecting the real economy. Lastly, I would like to highlight the importance of investment in transport infrastructure, energy and information and communication technology in order to increase Europe’s long-term competitiveness."@en1
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