These examples should encourage other countries, such as Greece, France and Portugal, to pursue the efforts to bring their public finances in order.

We have to develop a market mechanism and to try to diversify our energy sources.

I am optimistic about the economic recovery.

Throwing sand into the wheels of deeper international economic integration in order to reduce adjustment costs, as contemplated by some, is not an attractive option.

Upon closer inspection many of the allegedly negative implications of rising international trade and investment for jobs, wages and living standards are belied by the evidence,

There was a downward risk presented by the evolution of oil prices and this risk has materialized in the last month.