Brit minister calls for greater entrepreneurship in EU

Series Title
Series Details Vol.9, No.12, 27.3.03, p25
Publication Date 27/03/2003
Content Type

Date: 27/03/03

BRITAIN'S Europe minister says the EU must "unleash" a new "entrepreneurial spirit" if it is to rival America economically.

Denis MacShane said Europe's presence on the world stage cannot be built on "anti-Americanism". "We have our own contribution to make. But first Europe needs to sort out its economic performance and make a success of enlargement."

Speaking after last week's Brussels summit, he said: "Europe produces €1.8 trillion less than the US. European employment has to be tackled to give work back to the working class and to unleash a new entrepreneurial spirit to make Europe as dynamic economically as America without surrendering social, environmental and cultural responsibilities."

He added: "When we are as rich as America, we will be a more equal partner."

Britain's Europe minister, Denis MacShane, says the EU must 'unleash' a new 'entrepreneurial spirit' if it is to rival America economically.