EU president says that EU will not go back on the single currency

The transcript emphasizes the irreversible commitment to the Euro and the time required to overcome the current economic crisis. It highlights the importance of restoring confidence amidst banking and sovereign debt crises. The speaker stresses the need for political truth to convince citizens and criticizes populism and nationalism as inadequate responses. The illusion of economic self-sufficiency is debunked, and the high costs of not having Europe are underscored.

What is the main message regarding the euro in the first section?

• The euro is causing more harm than good.

• The euro is here to stay and will not be reversed.

• The euro is temporary and will be replaced.

• The euro is only beneficial for some countries.

What is necessary to restore confidence according to the first section?

• Immediate economic growth

• Quick resolution of the crisis

• Ignoring the crisis

• Avoiding financial shocks

What does the second section suggest is needed to gain public trust?

• Isolationist policies

• More political promises

• Increased government spending

• Honesty in political discourse

According to the final section, what is the problem with populism and nationalism?

• They strengthen European unity.

• They provide effective solutions.

• They are based on economic realities.

• They mislead people about economic independence.

What would be the consequence of not having Europe, as mentioned in the final section?

• Improved national economies

• Higher economic costs

• Lower economic costs

• No change in economic costs