We're
all ready to start, but we've to remember that we’ve only at the beginning of
a big race and that, to be cure of the Euro-success, we must respect some
conditions...
First
of all, we should find the way to maintain the credibility of monetary policy
which is guaranteed by the European Central Bank.
In fact, EURO should be a credible currency not, only for the 290 millions
Europeans in the euro‑area, but also for the non-Europeans with whom we do
business.
Another
important condition is represented by the adherence to a medium‑term
objective of achieving "public finances that are close to balance or in
surplus": this is indispensable for the Union as a whole to weather periods
of economic, difficulty and for individual countries to withstand possible
economic downturns which affect only them.
We cannot forget also a third condition: European countries must continue
controlling the level of unemployment.
Fortunately
the EURO will help the states in that way, encouraging “cross fertilisation in
areas such as labour markets, education, etc.
The last but not less important condition is that economic leaders in Europe be
cIar-sighted on the crucial question of competitiveness.
Nowadays the success of EURO is important - it's not too hazarded to say that it
is also a necessity - not only for Europe, but for the rest of the world.
So
... are we really ready to start?
Tabata Currò