The title of your conference today is massive: "Stability, security, prosperity -- the future of Europe and the Euro."Well no, not really, but carry on.
Starting from these six words, one could talk about almost anything; it gives a great sense of freedom!
The euro is the most visible and the most palpable sign of the European common destiny.Yes it is, you are right, but what signals is it giving out? Notthose you would like.
There were a few interesting points made in the speech, that highlight the way in which the European Institutioonal centre is taking advantage of the financial crisis in Ireland and elsewhere to strengthen their grip on the member states,
We are all convinced now that a common currency necessitates a convergence in economic policy and therefore of economic developments. And this convergence, obviously, should not be downwards, but upwards!
- We have now experienced that a common currency intertwines our destinies. The problems in one country cannot be separated from those of another country.
Make no bones about it, the elite in Brussles will not truck failure of the currency, and millions of jobs will be sacrificed on its altar.
we have the political determination to safeguard the stability of our single currency