Barroso says EU faced with five major challenges

来源：百度文库 编辑：神马文学网 时间：2024/04/27 20:43:13

Barroso says EU faced with five major challenges

08:34, September 08, 2010      

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European Commission President Jose Manuel Barroso addresses the European Business Summit in Brussels June 30, 2010. (Xinhua/Reuters File Photo)


The European Union faces five major challenges over the next year, European Commission President Jose Manuel Barroso said Tuesday during his first State of the Union speech.

The first is that the EU has to deal with the economic crisis and improve economic governance, Barroso told a plenary session of the European Parliament.

Although the 27-nation bloc is still struggling with a sovereign debt crisis, which has aroused concerns about a double-dip EU-wide recession, Barroso cast an optimistic tone about the group's economic future.

"The economic outlook in the European Union today is better than one year ago, not in the least as a result of our determined action. The recovery is gathering pace, albeit unevenly within the Union," he said.

The latest official forecast put the growth rate this year at 1 percent in the EU and 0.9 percent in the 16-nation euro zone, lower than that of the United States. Yet Barroso said that the eventual figure would be higher than initially estimated.

In order to secure sustainable growth, Barroso said, the EU should accelerate its reform agenda.

His call came on the same day that EU finance ministers agreed to introduce a six-month period to monitor budgetary and structural polices of member states in a bid to strengthen the bloc's economic governance.


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