Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-333"
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"en.20100519.22.3-333"2
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"Mr President, the central component of EU 2020 should not be stabilisation funds and bailouts. It should be a new strategy that all of our countries should want to follow to re-launch and re-energise the internal market of the EU. We need to be looking at how to change our economies so that they are fit for those challenges. The only way forward is to look at new industries via research, development and innovation. The EU should be encouraging a new economic dynamism in the European research area, creating networks for excellence, research clusters for integrated projects based on innovation in new products and services, looking at new processes and technologies and new business concepts. We should be looking at existing successful projects and using EU links to find best practice.
In my own constituency, I visited Glyndŵr University, which has fostered direct links with hi-tech firms in North Wales, achieving a 90% graduate placement, even last year. It has not just improved the job prospects of the young people who attend, but it has revitalised an entire region of North Wales. Instead of looking at the billion-dollar projects and silver-bullet solutions, we need to get back to the nuts and bolts of what makes a successful economy. South Wales has five significant pharmaceutical development companies with world-class technology. With a little EU assistance, this hi-tech company cluster could be elevated to being a world-class centre, lifting an entire economy that currently qualifies for cohesion funds into a brighter future. We need solutions to work effectively for our citizens."@en1
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