Young European Liberals in Warsaw about the economic growth of the EU

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Zagreb, 23rd March 2015 – Young European Liberals, supported by the European Liberal Forum, in Warsaw from 20th to 22nd March held a seminar about achieving balanced regional development through economic growth and discussed the perspectives of young liberals.

From the discussions of the participants of the seminar could be ascertained many useful "policy" proposals to increase the EU, such as reducing subsidies of taxpayers to the private sector, less reliance on poorly targeted EU funds, the abandonment of new taxes, the implementation of the deregulation of business conditions, especially at their commencement. They also discussed about the withdrawal of the EU excessive regulation, the introduction of comprehensive programs of entrepreneurial education, creating a transatlantic market as well as the development of venture capital funds to encourage research and innovation, as well as other topics.

In Europe it is more difficult to create innovations than in America, because there are more bureaucratic obstacles, from initiation to closing the deal. In America, the society is entrepreneurially oriented, taking risks is appreciated, while the buisness destruction is not stigmatized. Considering that it is much harder in Europe, young Liberals propose a "European dream" modeled on the "American DreamThey have an opinion it is not necessary any more to be a slave to political goals such as increased spending on education and the share of education in GDP, because formal education is almost irrelevant, and universities are often sources of the problem, given they are "manufacture of unemployment". Young liberals stand out practical skills.The reform of education system and more private initiatives in education are reforms the Europe is waiting for.

Talking about the Transatlantic Free Trade Agreement, participants said it is not only an economic agreement to reduce trade barriers and regulatory cooperation, but also the foundation of our freedom.

Political Academy and International Education Centre was represented by Daniel Hinšt, member of CPP's Central Committee and one of the authors who presented "policy paper" on how to boost growth in Europe. On that occasion Hinšt noted that for the European growth, the development of the unique EU market should be completed by removing all regulatory barriers.

"There is currently no single market, because it is too bureaucratic, but Europe is still on the way to a freer market", said Hinšt and continued how the EU embarked on the path of deregulation of its legislation and that the same should be done at Member State level. He sees a great opportunity in the Transatlantic Free Trade Agreement.

The seminar concluded that regional differences are actually good and that we should not encourage the equalization of standards between regions. Also, linking Europe with rapid railways is vital, but role in it should have the private sector.

"Europe can be concrete in exports of business services that are knowledge intensive", concluded the young Liberals.