Perhaps there is simply a lack of European leadership. Draghi: The various countries and markets are closely intertwined. If a country is not competitive, if it cannot stand on its own feet, if the labour market has become stagnant, then it will become a burden for other countries. That is why there is no alternative to a panEuropean perspective.
As described in the previous slides, the Danish economy is in good condition and holds the highest possible credit rating with all major rating agencies. One reason is the low level of debt. Central-government debt is currently 23 per cent of GDP, and the EMU debt is among the lowest in Europe.