Featured, Politics - Saturday, November 15, 2008 16:50 - 3 Comments

EP President on Washington summit: Give the right signals for action

One day before the World Financial Summit to be held on 15 November in Washington, the President of the European Parliament, Hans-Gert Pöttering, called on European Union representatives attending to flesh out the European economic model of the social market economy.

Mr Pöttering said:

“The World Financial Summit is a major opportunity, provided that it sends out the right signals for the required action. The key players must take action, as the financial crisis has shown that the market alone is not sufficient to create a sustainable and lasting financial system. Continue…