We need to ensure that monetary union is complemented by fiscal and macroeconomic policies that are focused on sound and stable principles and, therefore, foster sustainable growth. We need to ensure that all governments have sound public finances.
And we need to ensure that the rules that govern EMU are sufficiently strong to ensure that all parties act in a way that serves our common interest. All of this to achieve our common goal: a union of individual freedom and collective respect; a union of responsibility and cooperation; and a union of stability and prosperity. 1.