British PM Cameron Calls for Reindustrialization of EU

  • 9 years ago
British PM Cameron Calls for Reindustrialization of EU
World Economic Forum - 2011 World Economic Forum
Many problems Europe faces follow decisions governments have taken, alone or together, UK Prime Minister David Cameron told World Economic Forum Annual Meeting participants. On the future of Europe, he said: "We are an open, trading continent. We have a proud record of invention. We’ve got advanced democratic values. But yes, we’ve got to recognize that Europe has to earn its way. The world doesn't owe us a living. So let's make the choice to do things differently, to fight for our prosperity."Cameron outlined his vision of a new direction for the continent: a risk-taking investment culture, a Europe-wide patent scheme, tougher stress tests, killing off sovereign debt and removing crushing regulation are a formula for growth."Now is the time to go for a genuine Single Market," he said, pointing to commitments from leaders across Europe to open and free market reform.