EU must up the pace with politics regaining its central role says Giorgetti

The European Union must move up a gear

and become more decisive, with the political world taking centre

stage rather than the bureaucrats, Economy Minister Giancarlo

Giorgetti said on Tuesday.

"This is not the time for hesitation," Giorgetti said at the

ceremony for the closing of the academic year of the Finance

Police School.

"A change of pace is needed in Europe.

"First of all, politics must go back to playing the central role

it has a right to.

"The rules of the markets and the economy must not be the ones

that limit and guide the choices of the political world and the

democratic institutions.

"Politics can no longer abdicate its fundamental role in

safeguarding collective rights and social equity, and therefore

it (politics) must establish the ethical and social framework

for decision-making.

"The economy generates progress and efficiency, but only

politics can direct that progress and efficiency towards

stability and social equity".

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