_ “Es fundamental finalizar la Eurozona, crear un área de estabilidad monetaria y una unión bancaria real”
he former Prime Minister of Spain and president of FAES Foundation,José María Aznar, took part on Wednesday, June 5, in the sixth edition of the forum ‘Observatory on Europe. Improving integration and European competitiveness for growth’, organised by the Ambrosetti Forum in Brussels. In his address, entitled ‘A political perspective of Europe’, Aznar said that “policies need to focus on strengthening the middle class as the key to prosperity”.
The former Prime Minister also assured that “it is essential to complete the Eurozone and create an area of monetary stability”. “The euro zone is not complete because there is not a common financial area or a real banking union, and there must be”, Aznar said, adding that “we must maintain a strong institutional system in the EU and strengthen the capabilities of the Single Market”.
Aznar, who is a member of the advisory board of the ‘Observatory on Europe’, also stressed that “there must be a connection between the historic objectives of the EU and the values that underpin the Western world”.
The director-general for Competition of the European Commission, Alexander Italianer, the former Austrian Chancellor Wolfgang Schüssel, and the former director of the IMF’s European department, Antonio Borges, among others, also took part in this edition of the ‘Observatory on Europe’.
The forum unveiled its annual report in Brussels, focusing on the prospects for European production and its role in increasing the competitiveness of the EU and included an in-depth analysis of the steps needed to reach the European Single Market.