European Roundtable - Speech on European Politics - Foundation Office United Kingdom and Ireland
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"Given the extent of the current economic and financial crisis, there are significant challenges ahead. Although I do not count myself among those who believe that the global recession is necessarily a prelude to political and social apocalypse, I think that some of the current economic and financial problems will affect EU social cohesion, political stability, energy and environmental matters, and foreign affairs. There will, therefore, be a burgeoning European agenda of matters to address and deal with not only this year but in the next few years as well. Before I turn to the agenda items, let me deal first with the challenges."