President Barroso: “An EU strategy for industrial competitiveness”

Speaking at the 11th European Business Summit in Brussels yesterday, President Barroso debated the European Commission’s response to the uncertainty that marks business and industry in Europe today. The President said:

“Our policy response is clear: we address in a comprehensive manner the different challenges of fiscal consolidation. We continue the structural reforms for competitiveness and we promote the investments that give hope to the real economy. And of course we pursue an active agenda linking Europe even closer to the international economy.”

President Barroso also stressed that by fighting unsustainable public debt, by creating an integrated system of banking supervision and resolution and by pushing Europe’s competitiveness agenda, the European economy can be rebalanced.

Find the full speech here:

Source: European Commission


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