“I do think there is a need for coordination of economic policy, but this doesn't mean that everybody has to do the same thing, and there has to be a recognition that if the individual houses are not in order, the end product cannot be a good one.”
“The Commission's proposal was adopted by all countries except Ireland, ... It is true it is the first time that such a step has been taken and it is obviously important.”
“We have strayed from a rational (oil) market equilibrium and it is our duty to reset this market's reference points, ... If the current pressures were to be perpetuated, they could threaten the pursuit of global growth, as we have learned - in a different context, it is true -- from past oil shocks.”
