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9th European Business Summit – Europe in the world: leading or lagging?: extracts from the keynote speech by José Manuel Barroso

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On 18 May 2011, José Manuel Barroso, President of the EC, gave a keynote speech on the occasion of the 9th European Business Summit - Europe in the world: leading or lagging?, which took place on 18 and 19 May 2011 in Brussels. He said that European leaders were drawing lessons of the crisis and understanding they needed to adapt to a much more competitive environment. He highlighted that Member States had shown their determination overcoming difficulties together in the banking regulatory and public finance system. He also added that the Commission's Europe 2020 strategy aimed to achieve a smart sustainable and inclusive economy. The summit gathered business leaders and decision-makers in the EU, and for this edition it intended to focus on Europe’s place in the global economy. It was also expected to analyse in which areas was the EU lagging behind and what were the business opportunities where it can regain the lead.

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