Navigation path

Page navigation

Additional tools

Speech: Rehn on modernising and integrating EU economies

Olli Rehn © EU


Olli Rehn, Vice-President of the Commission and responsible for "Economic and Monetary Affairs and the Euro", says the challenge is to finally beat the crisis by rebalancing and reforming European economies.

Speaking at the Brussels economic forum, Mr Rehn looked ahead to the future of Economic and Monetary Union after the turmoil of recent years. He was confident that stability has been restored, but called for more progress.

Modernising the European economy, he said, depends on a combination of entrepreneurial drive and social justice.

He addressed three areas:

  • the real economy
  • the financial sector
  • the public sector

Current actions are not intended to dismantle the European model, but instead to “genuinely reform and modernise” the EU’s social market economy, he explained.

Comment on this article

Our editors will review your comment. Your user name and your comment could be published on this site (this can take up to two days).
Clicking on Send comment indicates your agreement.

User name
CAPTCHA This question prevents automated spam submissions
Security Image

In brief

Link to the milestones