Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-09-Speech-3-197-000"
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"en.20110309.19.3-197-000"2
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"Mr President, ladies and gentlemen, the recent and profound economic crisis that has hit European industry has simultaneously highlighted its importance for the European Union’s economy.
Indeed, the European economy has often been focused on the idea that the markets ought to regulate themselves and so far, this has mostly been achieved through individual measures with practically no coordination between Member States. However, the Europe 2020 strategy recognises for the first time the need for a new approach with a flagship initiative. It is time for the European Union to fully exploit the shared opportunities for the sustainable renewal and further development of the industrial base, with good quality jobs.
European industry ought to maintain its leadership in key sectors and not find itself bringing up the rear. It is time for the Union to choose its path for the industry of the future. We must make sure that our European market creates its own added value.
For this purpose, clear macro-economic coordination of economic, fiscal and budgetary policies is essential for growth and employment, for example, through the fiscal harmonisation of corporation tax."@en1
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