In the last 12 months, we have come back to the market. Can you tell us a little bit more about the structural economic reforms. Particularly repairing the banking system, which i feel is the exemption of growth. Yes, two years ago when the administration was elected, it actually lasted 250,000 jobs for the two years prior to that. Reputation is in shreds around the world. Our banks are dysfunctional. There is a complete sense of hopelessness and despair and disillusionment. Now, gordon was elected with a very keen mind. We have a strategy and a plan that works. The banks are being recapitalize and restructured and have been back in the market as this Program Began in 2013. There are doubledigit figures and our people have had to take really serious challenges. His government made really serious decisions or if it is an example of the Government Works and understands the patience of people, putting up with these changes in the greater picture of things. Now, we expect to do better. But we cannot do without the collaboration of the committee of the colleagues in order to do that in 2013, and example of the bigger, European Union issue. I would like to say it is important in terms of different countries. There is an example of the analysis. The finishing part of that particular situation. Moving on to the supervisors and banking unit. Because the smallest countries, as you say, we were required to 64 billion as 30 of our gdp to pay for banks. In a situation that has been crushing on the people. It has actually factored in with the situation in a lot of we have contact and that is why in this presidency, we want to run this effectively in the interests of all the countries. That is why i would like to see the issues of trade and japan, singapore, canada, all of those associations and i think those are real opportunities. Part of this all is here that our leaders, 26 Million People unemployed in the European Union, millions of young people who do not see their careers as decisions made by politicians. That is the central issue. People have to see and follow through the decisions that are made. That is an issue that all of us need to consider in the interest of all of the citizens. If we can continue for the seven years and i hope that you will go to the parliament and discuss that again. They are required to give their authorization and follow through the decisions and make them happen. That is what politics is about. [applause] thank you very much for that. You rightly said that it is an incredible result of 6030 in favor of this, given what is going on. Would you like to give mr. Cameron some advice on our . We have had referendums over the last 30 years. Lisbon and was then an amsterdam, people in our country understand the difference between the council of the commission and the parliament. They understand all of these things. We have made our decision clearly in the the future of the eurozone and era. Our biggest trading partner is European Union. Britain can remain part of that. But i would argue that many of the issues that arise by politicians, from a bureaucracy or administrative point of view, these are things you can change from the inside. That is why i would like to see the digital market become truly singlet. I dont speak for the British Government, but whatever happens, i would like to see you that this would remain central to the European Union and its future. Its very important that we have a sense for most of the big opportunities arise. Would be very interesting to talk more about this. Im interested in the degree to which you have a margin of maneuver as a smaller country within this big block. Thank you. Well, first of all, i think this whole christ is the we have been through, and we are not through yet. Those who are unemployed, we are not through the crisis yet. This wakeup call should be used in a good way so that it will be a way of taking us through to the other side. This is what we would be learning at the european level, in order to maintain the europe that we want. We woke up one we had the crisis. We realize that we lost what we thought was so good about europe. What we need to do in the coming days is to restore all of that. We need to change in a structural way to maintain what we like so much about europe. At the same time, keeping very clear in our heads what makes europe special. What makes it special is that we have a social market economy and we have focused on environment and climate issues. We will also try to make a good basis of that. And all of the other things that make europe special. What we need to do is to change what we feel is our core values. We need to do this come as, as i have tried to do back home in denmark. We have done three things. First of all, we have kept an extremely tight budget. We have adopted a budget legislation and we can no longer exceed our budget from here on turn yeartoyear. All of this means that we have a very low Interest Rate in denmark, we have become a safe haven. A tight budget is important. The second thing is to be on a reform friendly. We have performed so much the last year that i dont think it has any comparison in our history. We have performed early retirement, and we have now reformed the benefit system. We are trying to reform the education system. We have been on a big frenzy. There then come i feel that this is important. We have tried to bring balance into our budget. At the same time, having a focus on the groups in our society who are most vulnerable. What does that mean . That means that every year we have made sure that the most horrible citizen and something got out of the budget. So we have tried to preserve the quality, which is always a part of the European Values as such. The three things, tight budget control, and also being focused on preserving what we feel is so important for our equality. This is part of what we need to do at the european level. We have so much to offer. We have so much. This is key for europe and the individual countries in europe that is a very powerful statement. Just to clarify, do you think he would be better off being able to do even more than that eurozone club . Or do you think youre better outside . I have always been in favor of denmark joining the euro, and i still am. The interesting thing about the development in europe over the last two years was that we have had different choices. We had a choice between splitting up or separate each other. Should the euro countries a stronger together, or should we try to meet the divide between noneuro and euro countries . Again, we chose the bridge. One thing i am extremely happy about is that every time we are taking a decision about strengthening the euro, all of these things. They have chosen a policy that is always euro plus. It means that other countries, some of the baltic countries, we always know that even though we have two different paces, there is an open door for noneuro countries to join in those decisions. An example would the [inaudible] was open to euro countries. That means that denmark mightve been the first want one to join it. Now, we are discussing a banking unit. The discussion is the starting point that is an initiative. It means that we will have a vivid debate in my country that has been some of the most important decision. There is always a euro plus, the soonest. It should be taken. You did better than you expected, your party. You also represent a creditor country. Tell us a little bit about the dutch reform program. What is seeking to accomplish. Second, whether you agree that whereas in 2012, it was a question mark that existed about whether a club would lose members were a number. In fact, that is now a federal western and all countries have agreed, including a particularly large one. That the club will remain intact. Let me start about your second question here. It has been very difficult to take the helm in the countries. In the most difficult is circumstances. Theres a lot of stuff to implement and to the fiscal discipline that is necessary. To answer your second question, i believe our aim should be to give all the countries as members of the eurozone to keep the eurozone intact. To move to the members, enda kenny mentioned it the terms of Public Finances. We are putting the necessary reforms in terms of Social Security pensions. Obviously, the private sector and nongovernmental organizations. We are working at every level to get the Growth Engine going again. This has led to focusing on the main sectors in our economy, which we believe will bring us exceptional growth in the future. Like the agricultural sector. We have the second largest exporter of Agricultural Products in the world in our country. Also, the Financial Sector, which is considerably comparable. We focus very much on innovation and the Research Money in our education efforts on these main sectors of the economy. If we would implement everything we have previously agreed, we would have 4 extra of gdp over the next 10 years. He would finally be able to close an agreement of Foreign Trade with japan. These are enormous figures. Somebody asked me how to explain the impact of being a member of the European Union, in his first being a member of prosperity. Sometimes i am extremely frustrated as i know that most of my colleagues. And the members of the European Council and all the trouble that we have. We should spend more time on these issues. Countries like denmark and sweden, the united kingdom, david has announced his famous friend. We need these countries. The countries and the baltics, some of the other ones, they are focused on bolstering economic prosperity. That is different from what we are having within the eurozone at this moment. I am always trying to alleviate as much as possible. Obviously, we would be great if europe would join. If not, at least we have a full part of what we are doing together. We need to get that inspiration. Yes, just picking up on your point, what odds do you think there are, eight out of 10, seven out of 10 of a transit transatlantic free trade area . I think it is possible. To the members of the u. S. Administration and barack obama himself, they understand that they are focused in, to be effective in their relationships, they have to work well together. Europe is a strong partnership. [inaudible question] i think it will require important adjustments and policies on both sides of the atlantic. It will eventually be done in the time span that you outlined. That would be one of the adjustments needed. I feel that there is a new sense of realism about europe within europe. The breakup of the euro, exit from the eurozone, all of these difficulties. All of the cynics who knew all of the answers had you never had any permanent data mechanism, you will never get to a point where you make it is and it is important. The European Council is now moving on. When we didnt support the tax of [inaudible] , because their implications, yet the first meeting, it was the first item on the agenda. The countries that supported this could get out of. I think during this current time, we need to start the negotiations for free trade between the eu and the u. S. The greatest trading block on earth, which is the European Union, and the United States will be able to understand how this can happen. The u. S. Will become an exporter of energy with the changes that have happened there. We need much more focus ourselves. At the end of the day, it is always about jobs and that means injecting growth into european economies as a result of jobs that are being created for millions of young people across tiernan and give them hope and inspiration and motivation that politics actually one of the things that we should be doing, is to pick the low hanging fruits, and they are out there. We could finalize the trade agreements. We are hopeful that this is what we should be doing. We were so eager to finalize this. Why is that important . It is important because Energy Efficiency is cutting edge in terms of using our energy much better and more efficient. We can also make a Good Business out of that. So i think that we need to focus on the low hanging fruit. We need to do the opposite, which is to use it, and something that gives us a competitive advantage in the global competitiveness. This is what we should be focusing on. This is the very practical approach. We have states of government heads sitting here. This is what we want to achieve. The perspective is enormous. Mark was quoting the speakers. Jobs and growth in europe is enormous. That is why we need to talk about these practical issues right now. One more question for the Prime Minister. This will be an important issue of the campaign i was in spain couple of weeks ago. What would you single out . To offer hope to young people who do not have jobs in. Two things. One is a specific measure. This outgoing government will follow the financial contingency. It will provide relief for those hiring youth. A much more can be done in the perspective and we now have a solid Public Finance situation. Secondly, the overall labor market. There we did introduce a labor market reform to inject more flexibility in the labor market. That did not go far enough. Why did it not go far enough . Because one of them were considerably resisting change. By the way, although they were invited to join and like all the others, they resisted the recent agreement as well on productivity towards more decent terms of labor negotiations. So the idea, should i promote it if i should be in a position to do so, is to definitely unite forces that have been dispersed across the political spectrum, so there is more Energy Behind reforms, including labor market. It has resisted deeper reforms in the area. We have these forces that can do more. I think we will take questions now from the floor. We will take your questions. We will take this lady or gentleman over there. Okay, uk Prime Minister talked about retractor eating powers back to the uk. Are there any on the panel that would like to read speak up on . The governments of the last two years. If you dont mind, we have the Prime Ministers who can take the repatriotion issue. I think there is a measure here. This is we talk about the failing countries leaving the euro, that doesnt mean that there should be any complacency. When we go down the road with this and integration in terms of Financial Management and so on, and the consideration for future treaty change. That is probably after the next commission. Europes new priority of understanding what it is like, means that the collective energy can deal with many of the obstacles of job creation. There are countries that can deal with this before they actually happen. I think europes research and innovation and education facilities will allow us to do that. We are not concerned with repatriotion, but finding ourselves in a brighter and more happy future. We can talk about all of these issues in the context of future treaty change one that arises. You might say that i am quite all right. Because last thing we want is to be rewriting treaties were changing the flexibility of your tax system. Taxes are very clear here. Our tax is 12 to 5 corporate tax. It is across the entire spectrum. The tax regime in europe in general helps us to make decisions about tax rates per it is clear and transparent. It is generally used by country. Our International Competence is not changing. Precisely precisely because the world is changing, we need to he does. Which tasks should be dealt with. I think there should be a debate or example, i would like to talk with my colleagues on the area of Occupational Health and safety. There is so much that has been dealt with. Very much in terms of rules and legislations. It is like hotel california, you can check out, but you can never leave. It is very much at this level. I do not agree when someone asks for specific favors for one country. It should he level at the end of the day. Both on the european level and the a national level. I agree with davids comments yesterday in terms of making the union more efficient. You should also look at competitiveness. Getting the engine going. Between the United States and europe, i think it is vital for all of us. Yes, if i may have a word, i think it is eerie important to have a pragmatic attitude here through the history of european integration. Some subject matters are very important, like competition policy. Without much ideology possible. On future generations, we need to instill fiscal discipline. I also make the case that i tell young people need to be able to find a job now, due to less constrained. In regards to the future of italians. From this point of view, i have only seen one improvement. Consumption, investment, one thing is Current Expenditure by the day. Taking away from the old in order to produce for the young. It is necessary for the young that we have sustainable economies. If we just keep going, we are stealing from future generations. It is very clear that we have to have sustainable welfare systems and all of our welfare systems. I want to return to this there has been a lot of action to this there is a big discussion that is being raised. This is a discussion that has been going on for years in the uk. We need to keep asking those questions. Part of the wakeup call that i was referring to before, we need to wake up and ask if we are spending public money . Are we spending the euro in the right way . That goes for members where we are turning every corner to spend the rightly. Part of the discussion is that we have to show very clear ideas in terms of spending money and the best way possible. The other thing is that we should do it at the Membership Level and we should be doing it at the european level as well. Thank you very much. You know that i do care about this decision. Just ask