Friday, July 22, 2011

A clear vision for Europe

It is worthwhile mentioning also the document signed by five pro-European leaders - of which four left wing politicians- which calls for "a clear vision for Europe" articulated around five ideas: strengthened economic governance of the Euro; State guarantee of citizens; better international regulation of finance; more realistic objectives of debt reduction; European solidarity vis-√†-vis highly indebted countries, including cancellation of part of the debt.

All these objectives should be pursued simultaneously, but require a shared vision and political will to undertake the reforms. It is nothing less than a vision for a regulated capitalism in Europe.

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