Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-10-Speech-3-646"

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"en.20100210.33.3-646"2
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"Ladies and gentlemen, the crisis has inevitably led to a significant reduction in global trade volumes. This is also reflected in the drop in production and investment, as well as in limited growth opportunities. At the same time, national governments are strongly tempted to put up barriers to protect their domestic production capacities. In 2009, we observed an alarming increase in the various forms of national protection used, both in individual European Union Member States and in the new developing economies. This protectionism hampers access to international markets for small and medium-sized enterprises, which form the backbone of the European economy, adding a further burden and restrictions. In order to overcome these problems and encourage entrepreneurship and trade, I think that Europe needs, above all, a strong internal market. This can be achieved if the European economy is sufficiently competitive, innovative and based on high standards of quality. As also noted by the European Commission, in spite of the progress made, we must continue the efforts to increase the capacity of the educational systems as a contribution to an innovative, dynamic knowledge society. In my view, stable public finances in the European Union, which will guarantee the sustainability of the national economies and the European currency, are an important prerequisite for overcoming the trade imbalances. The euro’s stability is of paramount importance to the trust of our trade partners. A further boost to reviving trade and investment is also provided by the timely implementation of the necessary structural reforms aimed at laying new stable foundations for growth. Last but not least in terms of importance, I believe that the internal market would also be strengthened by the prudent and prompt expansion of the euro area, which will result in the economic integration of European states and make the European economy even more influential in relation to its international partners."@en1
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