And even if the economy is not as fast as in Asia

The crisis of the sovereign debt across Europe is invited to La Baule (Loire-Atlantique), which was held last weekend the World Investment Conference, bringing together some 500 business and institutional leaders to discuss the future of the attractiveness of the old Continent. And a report has been unanimously: to overcome the current difficulties, restore confidence and sustain growth which currently lack of breath, better economic integration in the European Union is essential. It must be said that the President of the European Council had warned outset: "more no Member State is a world power, said Herman Van Rompuy, taclant implicitly the"solo"of the Germany.". There was more future for the vanity of a single State. "Sharing the point of view of the French Executive on the need for a reinforced economic governance, he stressed"the urgency"of the reforms to reduce deficits and pleaded for a reduction of the imbalances of competitiveness between the Member States.

"The time has come for more integration," agreed Thomas Enders, Airbus pattern, multiplying the examples where States acted without consultation, such as air traffic management in the volcanic eruption in Iceland or the case of the A400M aircraft, for which he had to negotiate with seven different countries. "There is a strong demand for leadership", he continued. Arguing for a strengthening of the industrial policies at European level, Philippe Carli, President of Siemens France, said his side that "whenever Europe has been able to agree on industrial projects, such as the standard of GSM mobile telephone or the creation of EADS, that he succeeded". If the intention is laudable, have yet to join the floor acts. And, on this point, the General Director of Alcatel-Lucent, Ben Verwaayen, proved quite sceptical, pointing of the finger the lack of coordination in the implementation of stimulus to the height of the crisis.

Strengthen the internal market

Several business leaders stressed the urgency of restoring confidence in Europe, indispensable to perpetuate the resumption and reassure foreign investors whose implementation projects commit them for a long time. "One of the major problems in Europe is that, unlike the United States or Asia, it does not believe in its strengths," found Philippe Favre, Director of the international network of Alstom.

And if the Greek crisis has accelerated the implementation of plans of rigour in Europe, all stressed the need for continued investment in education and innovation. "The research tax credit could be decisive in our investment in France, otherwise some R & D projects would be left in India or China", recognizes Clara Gaymard, President and CEO of General Electric France. "Innovation, green technology and education are among the major assets and challenges of Europe", said Anne-Marie Idrac, Secretary of State for international trade.

Herman Van Rompuy said not to believe the fact that these plans can break the resumption, but found that to strengthen growth, should also strengthen the internal market. "The common market has always been the strength of Europe", he said. These 500 million people with high purchasing power, it is precisely they who decided the Huawei Chinese to invest in Europe, acknowledged Hai Feng Ling, Vice President of OEM telecoms in Europe. And even if the economy is not as fast as in Asia.