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The Crisis Has Not Been Overcome, Vice-Speaker Of The German Bundest

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  • The Crisis Has Not Been Overcome, Vice-Speaker Of The German Bundest

    THE CRISIS HAS NOT BEEN OVERCOME, VICE-SPEAKER OF THE GERMAN BUNDESTAG SAYS
    Karen Ghazaryan

    "Radiolur"
    15:09 02.10.2012

    The European crisis continues to worry people even in countries with
    strong economy. This is a serious challenge to Europe and we should
    think of tools to overcome it, Vice-Speaker of the German Bundestag
    Wolfgang Thierse said at a discussion in Yerevan titled "What the EU
    crisis means for Armenia's European perspective." The German official
    noted that there are dangers, and no one knows what will happen to
    the European economy if incorrect decisions are made today.

    Describing the European crisis as a challenge to democratic politics,
    Thierse said there are structural mistakes, which resulted in the
    crisis. For instance, there is a common currency, but there is no
    common financial-economic policy, he noted.

    According to the Vice-President of the German Bundestag, the crisis
    has not yet been overcome and steps and means are needed to overcome
    it. Wolfgang Thierse considers it is necessary for economic processes
    and political developments to comply with each other.

    Armenian MP Artak Zakaryan, Chairman of the Foreign Relations
    Committee, referred to the European perspectives for Armenia's future
    development. He specially emphasized the importance of the Association
    Agreement negotiated under the Eastern Partnership Program.

    "The only path in the European integration process is the stable and
    lasting peace," Artak Zakaryan said, stressing that in this regard he
    expects the European partners to adopt a clear stance on the bellicose
    statements of Azerbaijan, which is also included in the same process.

    According to Boris Navasardyan, President of the Yerevan Press Club,
    our country has registered progress towards European integration.

    There are opportunities to use the existing European models, he said,
    adding that we often fail to fully apply those models in practice.

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