Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-25-Speech-3-060"

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"Several important matters were agreed upon in the Council. Energy and broadband projects and the decision to increase the support fund for Eastern European countries are a good sign. For me, however, one sign of what the European Council did or did not achieve is what our Prime Minister said when he returned to Estonia - namely, that Europe was returning to its fundamental values. He was referring to the fact that Europe was beginning to lose interest in further stimulus packages, and there are signs of a return to conservative budget policies. As a representative of an ultra-liberal party, his view is not surprising, but it reflects the more general problem that government leaders with certain ideological backgrounds are not prepared to take courageous steps that demand vision, and to implement measures that could conflict with their ideological beliefs. A few days before the meeting of the European Council, we heard from Nobel Prize winner Paul Krugman that the European Union stimulus package is perhaps not enough. We may need not 400 billion, but 500 billion this year, and a total of 3 trillion may be required. Thus we need united action and a pro-active approach, not the invisible hand."@en1
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