Discussion with François Hollande, President of the French Republic
‘I appeal to the heads of state and government who are meeting this week in Brussels, to find a compromise which reflects our ambition for Europe,’ President Barroso said in his speech, during his discussion in the plenary session with President of the French Republic, François Hollande.
President Barroso recalled that the consolidation of public finances and reforms are essential for competitiveness, but insufficient for ensuring sustainable growth. ‘We also need investment and the most significant instrument we have for investment at European level is precisely the European budget,’ he said.
The president also thanked France for its efforts towards ensuring the integrity and stability of the Economic and Monetary Union. In terms of national economies, he congratulated the country for its efforts regarding the consolidation of public finances, reforms for competitiveness and combating unemployment.
Lastly, President Barroso praised France for its action in Mali: ‘By supporting the people of Mali, you have ensured that Europe was also present, by defending our interests and values and demonstrating that indeed we have a mission which extends beyond Europe’s borders’.