Feb 12 • 12:47 UTC 🇬🇷 Greece Naftemporiki

Metsola: The margins are narrowing. Bold moves are needed to enhance competitiveness

European Parliament President Roberta Metsola emphasized the urgent need for action on affordable housing and cost of living issues in the EU.

Roberta Metsola, the President of the European Parliament, highlighted that affordable housing and the rising cost of living remain at the forefront of public concern in the European Union. She referenced a recent Eurobarometer survey where citizens across member states identified these issues as their top priority. Metsola stressed that the EU must focus its efforts on addressing these challenges or risk losing its legitimacy and credibility among the populace.

In her discussions with journalists before an upcoming summit, Metsola asserted that the EU needs to complete the Banking Union and Investment Union to effectively mobilize savings for economic development. She noted that existing barriers hinder the free movement of money and capital among member states, which is crucial for enhancing competitiveness and fostering economic growth throughout Europe.

Metsola characterized this period as a critical moment for the EU, urging her colleagues to recognize the importance of decisive action. She argues that without substantial changes, the union risks stagnation and will struggle to meet the expectations of its citizens, who are increasingly vocal about their economic concerns. The call for bold measures reflects a pivotal shift needed to secure a more competitive and sustainable future for Europe.

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