Extracts from the meeting between Erasmus students and José Manuel Barroso

Type: Report   Reference: I-075642   Duration: 10:03:36  Lieu:
End production: 11/12/2012   First transmission: 11/12/2012
On 11 December 2012, José Manuel Barroso, President of the EC, took part in a debate held in Oslo, Norway, with Erasmus students from all across Europe. The debate was on four issues: the Nobel Peace Prize for the EU, the current economic situation, youth and the future of Europe.

Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
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TIME DESCRIPTION DURATION
10:00:00 Title 00:00:05
10:00:05 Arrival of Manuel Barroso, President of the EC, to the meeting with Erasmus students, in Oslo, Norway 00:00:09
10:00:14 Soundbite by a journalist from Euronews (in ENGLISH) asking a question to José Manuel Barroso on the social unrest in Europe 00:00:14
10:00:29 Soundbite by José Manuel Barroso (in ENGLISH ): Many ways; first of all, at the European level, we have to fix issues in the euro area even if it was not the euro area alone that had the problem. I know it is not very popular to say that it is a euro area crisis. First of all let's make it clear. The euro is a very strong credible currency. One of the two biggest currencies in the world and in term of value, it remains extremely strong. 00:00:23
10:00:52 Cutaway of Erasmus students 00:00:04
10:00:57 Soundbite by José Manuel Barroso (in ENGLISH): What we have to do is acting on several fronts. Firstly, of course, to put order in the public finances. Secondly, to adopt structural reforms to increase competitiveness. And thirdly, to invest in growth to create more jobs. Key is growth. It is a complex policy mix. There is no magic solution. It is a difficult process sometimes with sacrifices in the short-term. But this is the only way if Europe wants to keep its social market economy, its model. 00:00:53
10:01:50 Cutaway of Erasmus students 00:00:02
10:01:53 Soundbite by José Manuel Barroso (in ENGLISH): I hope that this week's European Council will agree on the first step related to the establishment of a banking union in Europe, with a single supervisory mechanism, followed by a resolution mechanism. Possible revision of the treaty could be made after the European elections, in 2015. I do not know how long it will take to come up with a strong political, fiscal and banking union in the EU. I wish it is rather sooner than later but I have to respect the pace of democracy, the rhythm of our national democracy. 00:00:31
10:02:24 Cutaway of Erasmus students 00:00:02
10:02:26 Soundbite by José Manuel Barroso (in ENGLISH): Italy needs to keep a strong commitment to reforms. Italy has no magic solution. The economic outlook remains negative. People who say that they are coming with magic solutions from one day to the other are not credible. Credibility takes time to be restored. It is a constant process. I encourage all the political leaders in Italy to commit to some basic issues, some national consensus. The EU needs a strong and stable Italy at its centre. 00:00:44
10:03:11 General view of the meeting room with José Manuel Barroso 00:00:04
10:03:15 Soundbite by José Manuel Barroso (in ENGLISH): We have been working very well with Mario Monti, Italian Prime Minister and Minister for Economy and Finance, who was a very committed European. Now it is up to the Italian people to take decisions on the people they want to elect in government. What is important who ever is in the government is that there is a national consensus on some basic issues. 00:00:21
10:03:36 General view of the meeting room with José Manuel Barroso 00:00:04
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