EUROPA – PRESS RELEASES – Press Release – Speech: Statement on Cyprus in the European Parliament

The official emblem of the European Parliament.

The official emblem of the European Parliament. (Photo credit: Wikipedia)

English: Hemicycle of the European Parliament ...

English: Hemicycle of the European Parliament in Strasbourg. Barroso giving speech, bottom left – front row. Borrell in the chair. Finnish Prime Minister as President-in-Office, front row opposite Barroso. Türkçe: Strazburg’daki Avrupa Birliği parlementosu (Photo credit: Wikipedia)

Flag of the European Parliament 1973-1983. Lat...

Flag of the European Parliament 1973-1983. Later replaced by the common European flag. (Photo credit: Wikipedia)

Oli Rehn’s speech is well worth a read. Check it out!

via EUROPA – PRESS RELEASES – Press Release – Speech: Statement on Cyprus in the European Parliament.

Personally, I believe that because of Germany and the IMF, the terms of the Cyprus bailout were unnecessarily harsh. However, I was encouraged by this speech, especially the offer to help Cyprus back to growth.

For me, greater European focus on growth is overdue. As I have indicated many times on this blog, I still believe that Southern Europe needs a Marshall Plan to stimulate investment.

Enhanced by Zemanta

2 responses

  1. Pingback: EUROPA – PRESS RELEASES – Press release – Transport: Commission urges Italy, Cyprus and Greece to implement EU rules to unblock congestion in Europe’s airspace « Dr Alf's Blog

  2. Pingback: EUROPA – PRESS RELEASES – Press Release – EU measures to tackle youth unemployment « Dr Alf's Blog

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: