Statement by José Manuel Barroso on the economic crisis and the euro
José Manuel Barroso, President of the EC, participated in the EP plenary session which focused on the economic crisis and the euro. The President made remarks on the economic situation and the euro and set out the EC view for the way ahead. He reminded that solid, feasible and concrete proposals have been made and needed to be implemented. He also pointed out that the only right way to stop the negative cycle and to strengthen the euro was to deepen integration, namely within the Euro area, based on the Community method. José Manuel Barroso stressed that a new, unifying impulse was indispensable and confirmed that the EC should present options for the introduction of Eurobonds.