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2/17/09

European Parliament: Europe acting together can face up to the economic crisis 

For the complete report from the European Parliament click on this link

Europe acting together can face up to the economic crisis

Strong European leadership to tackle the current crisis of confidence and investing in environmental protection projects will help soften the effects of economic slowdown, according to MEPs and national MPs. MEPs and national parliamentarians from the 27 Member States and the candidate countries continued on Tuesday their two-day Joint Parliamentary Meeting, organised by the European Parliament and the Czech EU Presidency, to discuss “A New Deal for European Economic Recovery?” . Speaking at the conclusion of the two-day debate, EP President Hans-Gert Pöttering said EU must "act together and find common answers" to the crisis. Protectionism, he said, could annihilate the advantages of the Single Market and create "the foundations for a disaster". President Pöttering also expressed his support for the euro, without which, he said, the European economy would be in much greater trouble. "Everything we can do to maintain the stability of the European currency" has to be done, he said.

Note EU-Digest: the time of playing protectionist and nationalistic games is over. Its time to pass the Lisbon treaty and work together as one strong team. United we stand divided we will certainly fail.

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