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EU to plan 10 years of growth


evercloserunion

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Dec 10, 2006
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819
Van Rompuy is to chair a special summit of EU leaders in order to plan for the decade to come.

The meeting will be chaired by Herman Van Rompuy, the EU’s first full-time president, who had no sooner arrived for work on Monday than he announced that he was summoning national heads of government to Brussels for the February 11 event.

...

He has identified economic reform as a priority, saying the EU must at least double its average annual growth rate of 1 per cent if it wants a generously funded welfare state and high living standards fuelled by a free enterprise system.


Full story at FT.com / Brussels / Economy - EU to plan 10 years of growth

A very interesting and inspiring start by Van Rompuy to his new post.
 
Joined
Sep 3, 2009
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96
I've planned a trip to the moon. Both are as likely to happen.
 

Ramon21

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Aug 1, 2008
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TradCat

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Jun 5, 2005
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1,992
If we could dumb some countries, like ireland

Don't worry about us. We won't say a word.
 

atlantic

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Jan 25, 2008
Messages
649
The only thing that will grow in the EU is government, bureaucractic interference , rotten socialism,massive government deficits to buy votes of the moochers,taxed up to the nuts to provide for fail welfare states,political creep choking its people like ivy stangling a tree.
 

flamez911

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Jun 8, 2008
Messages
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Atlantic- I suppose you can't please everyone. Especially not the crazies who want to go back to 1920s economics. :)
 

atlantic

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Jan 25, 2008
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And it's all great now is it?Where the young productive people of these countries are going to be ensalved in debt and taxed to the balls to pay for statist bureaucractic moochers and welfare addicts.
Atlantic- I suppose you can't please everyone. Especially not the crazies who want to go back to 1920s economics. :)
 

TradCat

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Jun 5, 2005
Messages
1,992
Why don't they extend freedom of movement to all professions. A plumber from Poland can come to Ireland and set up a business but his dentist cousin can't. Thus we have good plumbing and bad teeth.

Why can't people set up a bus service like they can set up a Taxi service?

Why do we get ripped off by the state when buying cars?

Where the EU has enforced free markets prices have come down and growth has gone up. Just keep doing it.
 

The Caped Cod

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Joined
Jul 15, 2009
Messages
3,575
Why don't they extend freedom of movement to all professions. A plumber from Poland can come to Ireland and set up a business but his dentist cousin can't. Thus we have good plumbing and bad teeth.

Why can't people set up a bus service like they can set up a Taxi service?

Why do we get ripped off by the state when buying cars?

Where the EU has enforced free markets prices have come down and growth has gone up. Just keep doing it.
I used to know a Russian surgeon who washed dishes in the Gresham hotel.
 

He3

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Oct 1, 2008
Messages
17,094
In the interest of balance

The FT's Martin Wolf yesterday said the Eurozone's next decade will be 'tough'.

That was a general comment. Then he turned his attention to some countries within the zone facing more intense trouble precisely attributable to the single currency system. We voted ourselves into this.

This leaves peripheral countries in a trap: they cannot readily generate an external surplus; they cannot easily restart private sector borrowing; and they cannot easily sustain present fiscal deficits. Mass emigration would be a possibility, but surely not a recommendation. Mass immigration of wealthy foreigners, to live in now-cheap properties, would be far better. Yet, at worst, a lengthy slump might be needed to grind out a reduction in nominal prices and wages. Ireland seems to have accepted such a future. Spain and Greece have not. Moreover, the affected country would also suffer debt deflation: with falling nominal prices and wages, the real burden of debt denominated in euros will rise. A wave of defaults – private and even public – threaten.

The crisis in the eurozone’s periphery is not an accident: it is inherent in the system. The weaker members have to find an escape from the trap they are in. They will receive little help: the zone has no willing spender of last resort; and the euro itself is also very strong. But they must succeed. When the eurozone was created, a huge literature emerged on whether it was an optimal currency union. We know now it was not. We are about to find out whether this matters
 

CookieMonster

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Feb 19, 2005
Messages
34,801
So Van Rompuy's first act as EU President is to engage in spin, lies and nonsense... now there is a shock.

Next shock will be how he plans to achieve this... using our money? Round and round it goes.
 

Nano Nagle

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Joined
Jan 18, 2011
Messages
3,151
Van Rompuy is to chair a special summit of EU leaders in order to plan for the decade to come.

The meeting will be chaired by Herman Van Rompuy, the EU’s first full-time president, who had no sooner arrived for work on Monday than he announced that he was summoning national heads of government to Brussels for the February 11 event.

...

He has identified economic reform as a priority, saying the EU must at least double its average annual growth rate of 1 per cent if it wants a generously funded welfare state and high living standards fuelled by a free enterprise system.


Full story at FT.com / Brussels / Economy - EU to plan 10 years of growth

A very interesting and inspiring start by Van Rompuy to his new post.
Very inspiring indeed:rolleyes:

You europhilles have no sense of shame. You could at least keep your heads down after all the damage you've done.
 

evercloserunion

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Dec 10, 2006
Messages
819
That wasn't really worth reviving a 17-month old thread was it?
 
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