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President Ilves and Prime Minister of Luxembourg: collective responsibility will strengthen the euro zone
03.05.2011
The euro zone is not suffering from a crisis; however, all the euro-zone countries have the power to make it even stronger and more successful, President Toomas Hendrik Ilves and the Prime Minister of Luxembourg, Mr. Jean-Claude Juncker, assured at their meeting in Tallinn today.
“We need a responsible economic policy from all – and I mean all – countries of the euro zone, which means that everyone must look and see beyond immediate internal policy interests,” emphasised the Estonian Head of State.
The stability and growth pact reform launched in the European Union, combined with strict budgeting policies will allow us to anticipate the incurrence of crises in the future and act more powerfully in the case of serious problems, President Ilves admitted, adding: “Countries with problems must stick to the obligations laid down in their national reform programmes, in order to avoid new crisis of trust.”
President Ilves and Prime Minister Juncker discussed the strengthening of the European Union as an organisation and the participation of smaller countries in making decisions concerning the EU.
“In this regard, both the European Commission and the European Union need a strong backbone, which connects and, if necessary, smoothes out any differences, while providing all the Member States – regardless of their size – an equal position,” said the Estonian Head of State.
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