Alt. FM Katrougalos: Promotion of social and democratic character of EU economic governance

Alternate Foreign Minister George Katrougalos stressed the need of immediate measures that will promote the social and democratic character of EU economic governance, at his intervention at the informal General Affairs Council meeting in Valetta in which was discussed Malta’s EU presidency plan and the future of Europe.

Katrougalos said that Europe is before an existential moment and oughts to address the responsibilities of wrong policies that led to the current crisis. The reactions and anti European forces are rising because Europe’s structure was not able to face the economic crisis, the citizens’ fears and the uncertainty for the future but it implemented austerity policies that destroy the social state, shrink the middle class and widen the inequalities.
Katrougalos also referred to the refugees problem as an issue of top priority and underlined that “the decisions must be implemented as well as binding rules of solidarity.”