Madam President, in the absence of Catherine Ashton, I have the pleasure of informing you on the state of play entendiendo forex peace the EU-US Summit. I will also cover the Transatlantic Economic Council, which I chair, and which this year takes place back-to-back with the Summit.
The European Parliament is an active contributor to the development of EU-US relations, as we can judge from the reports and resolutions on transatlantic relations, the delegations travelling to the US and the many high-level visitors from the United States that are welcomed in this House. The EU and the US economies are still suffering, with pessimistic forecasts for 2012 growth and unemployment levels. Therefore, the economy and the need for jobs and growth will be at the heart of this Summit. We will start by reviewing relevant results of the G20 Summit, and will discuss our respective contributions to a sustainable and balanced global recovery. The 2008 financial crisis in the US, and now the eurozone crisis, have demonstrated how deeply the EU and US economies are interdependent, and that we need to support each others’ efforts to resolve the economic crisis. At the Summit, EU and US leaders must convey confidence in economic governance on both sides of the Atlantic.