Alexander Stubb on Inaction is not an option - Fixing the Euro





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Published on Sep 18, 2012

About the Speech:

Finland is taking a tough line towards Greece and other EU countries in crisis, with Finance Minister, Jutta Urpilainen, even stating that her country would "not hang itself to the euro at any cost". Alexander Stubb, however, has stated that "for Finland, the euro is an irrevocable choice". He recognises, however, the major challenges which the EU must overcome, such as an inadequate internal market, laziness in reform and stifling regulation. In his address to the IIEA, he outlined why he believes that the euro crisis is political in nature and that new, innovative solutions must be discussed by EU leaders this autumn.

About the Speaker:

Alexander Stubb was appointed Finnish Minister for European Affairs and Foreign Trade in June 2011. Previously he served as Minister for Foreign Affairs (2008-2011), Member of the European Parliament (2004-2008), Counsellor at the Permanent Representation of Finland to the EU (2003-2004) and Advisor to the President of the European Commission (2001-2003). He was a member of the Finnish delegations to the IGCs in 1999-2001 and 2003-2004. He was Visiting Professor at the College of Europe in Bruges (2000-2007) and has published eleven books and numerous academic articles on the EU.

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