Of course, the crisis has opened our eyes to the blind faith in the market that has sometimes prevailed; however, statism and dirigisme are by no means the right path to take. Instead, we should return to a founding tenet of the social market economy: individual responsibility. Those who take risks must also face the consequences.
Reviving attaching more importance to this principle this would represent major progress – including with respect to the sovereign debt crisis. Conclusion Ladies and gentlemen, I have touched upon various aspects which I think are essential for resolving the sovereign debt crisis.