The time horizon may be too long for sole reliance on market solutions - but perhaps the inventiveness of the financial services industry will prove me wrong that point!
More Quotes from John Bruton:
The E.U. is the world's fastest growing democratic body.John Bruton
The European Union is the world's most successful invention for advancing peace.
John Bruton
The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined.
John Bruton
Indeed, American companies make three times as much profits from their investment in one E.U. country, Ireland, than they do from all their investments in China.
John Bruton
Financial service providers act as the lubricating oil in the economy. They link consumers who want to invest their savings for a good return with companies who want to borrow on best terms for expansion.
John Bruton
But our system of regulation must keep up with this. If it fails to keep up, it will hold back economic expansion. We need financial market regulation that works at national and European level.
John Bruton
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