Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-06-Speech-3-116-000"
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"en.20110706.3.3-116-000"2
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"Mr President, ladies and gentlemen, almost two years after the Special Committee on the Financial, Economic and Social Crisis was set up, I am presenting my final report which, in my view, is one of the most important documents with a long-term vision which the European Parliament has produced, thanks to the hard work, great patience and cooperation between the political groups. I feel that the following points are important in this debate.
Firstly, resolving the issue of the high levels of public debt which we have nowadays in some Member States. Each one of us is well aware that there is no such thing as a free lunch. Sooner or later, someone has to pay the bill. This is why not only some but all Member States must take responsibility and reduce their countries’ expenditure so that acceptable deficit levels can be achieved. This is obviously not the actual solution resulting in economic growth. However, it is an important prerequisite for providing business and European citizens with financial stability.
The second issue is competitiveness. We need to focus our efforts aimed at increasing the European economy’s competitiveness on completing the Single Market, tapping the potential for growth and creating jobs. I believe that one of the ways for us to achieve this is by preserving tax competition in the Union because it will enable us to ensure the ideal business environment, which will also result in further investment.
Last but not least, new Member States which do not belong to the euro area must be involved on an equal footing with the other countries in making decisions about the Union’s future. I believe, as most of my fellow Members do, that the solution for exiting the crisis is more Europe and integration. I wish to thank all my colleagues for their work over these last two years. I am pleased that I was a member of this committee."@en1
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