EU and growth: three pacts rather than one
The current european debates (Cyprus bailout, the Stability Pact, the EU budget) prompt to remind us that growth can be lastingly undermined when we disregard certain basic principles: this is the objective of this Viewpoint signed by the members of our Board of directors.
debates on bailing Cyprus out, on the implementation of the Stability
Pact or on the adoption of the EU budget make it more necessary for us
to highlight the obvious: while growth cannot be conjured up by decree,
it can certainly be lastingly undermined
when we disregard certain basic principles that underpin pacts we need to honour:
1. Consolidating the Financial Confidence Pact;
2. Implementing the Stability Pact in a More Realistic Fashion;
3. Devising a Youth Pact via the European Budget.
These are the issues dealt in this Viewpoint signed by the members of our Board of directors.
The full text of this tribune is published in french edition of The Huffington Post