CIAMPI: I'M CONFIDENT. LONG LIVE THE EUROPEAN UNION
Italy's president Carlo Azeglio Ciampi speaking before the EU Parliament in Strasbourg concluded his speech by saying "long live Europe and the European Union". Earlier in his speech, Ciampi said he was honored "to speak in the highest place of the European democracy". Ciampi added that "the most representative of all the European institutions" is responsible to defend the constitution ensuring that the present suspension of the ratification process won't imply the end of the whole project. According to Ciampi, "the legal system which has been developed in the last fifty years, treaty by treaty, is constitutional in itself". Therefore, the member states must move forward together. "We are bound by a common institutional framework" said Ciampi quoting the examples of Airbus, Galileo, Erasmus and other "examples of what we might do if we work together ". "The euro is the highest symbol of the desire for unity of the European countries. It is the real engine of political integration". Ciampi, who as a Governor took part in the works of the Delors Committee for the preparation of the first report on the single currency, called "extraordinary achievements the good performance of the euro on the international markets and the ECB's policy aimed at promoting price stability". He highlighted also "other important achievements such as: defence against imbalances on exchange markets, low interest rates, increased competitiveness in those countries of the euro zone that chose to adopt virtuous measures".
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