EU politicians must be honest with their own electorates if they are to efficiently tackle the ongoing debt crisis in the region, says columnist Francesco Sisci.
“It is easy to say to voters, ‘Forget about the difficulties, I promise you tax reductions, new jobs, fantastic Disneyland,’” he told RT. “But the reality is that true politicians in Europe have to have the courage and the knack to be able to convince the people that tough times are ahead, but those tough times will lead to a greater prosperity and greater future for Europe.”
“Unless some sacrifice is made and some tough measures are taken now, this wonderful future could be compromised,” Sisci warned.
On Monday the EU Monetary Affairs Commissioner Olli Rehn expressed concern that uncertainty in the global financial market could derail hopes for a European recovery.
The comments came after a turbulent summer for world markets with investors being worried about a potential new recession in the United States and Eurozone’s ability to tackle its debt turmoil.