Vince Farrugia at the III European

Vince Farrugia the Maltese Employers` Representative on the Employers Bureau of the European Economic and Social Committee was today one of the speakers on Public Finance during the second day of the III European Economic Congress which began yesterday in Katowice in Poland. This event, without precedence in the central and Easter European economic region, gathered together four Prime Ministers of Central European Countries, including Donald Tusk – the Polish Prime Minister, Jadranka Kosor – the Croatian Prime Minister, Petr Necas – Prime Minister of Czech Republic and Victor Orban – Hungarian Prime Minister.

The European Economic Congress is one of the most important business events in Central Europe. The leading topic of the next Congress is the competitive European economy. The congress reflected on what actions have to be undertaken, which processes need to be launched, which priorities we should focus on so that the European economy can compete successfully with the most expansive economies of Asia and both Americas. The crucial aspect of fighting for competitiveness is the question of institutional reform of the EU which needs to function more efficiently and effectively.

The Congress was opened by Jerzy Buzek President of the European Parliament. Other speakers included EU Vice President Tajani and Janusz Lewandowski, EU Commissioner for Budget and finance Programming.  As the only other EESC representative besides the EESC President Stephan Nielsen, Vince Farrugia  presented to the European Economic Congress his views on EU Economic Governance and on the Prevention and Correction of Macro-economic Imbalances and on the Effective Enforcement of Budgetary Surveillance in the Euro Area. Vince Farrugia's Opinion as Rapporteur on this theme became official EESC Opinion during the last May Plenary of EESC.

This year's  European Economic Congress has a record number of guess of the highest rank. 100 sessions will be organised within the remit of the congress and a total of 6,000 participants will take part in this three day event.