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What we need is a common goal for more Europe.

So that we focus not on competing visions for Europe but on what Europe can do to improve economic growth, to give us a cleaner environment, to create more jobs, to make us more secure.

We should be therefore supporting a larger Europe, and in so doing we should strive to expand the zone of peace and prosperity in the world which is the necessary foundation for a stable international system in which our leadership could be fruitfully exercised.

Our approach to economic development must be modern, focused and in tune with the global trend.

But we can turn challenges into opportunities if we look outwards to the realities of the global economy and modernise our internal institutions in ways that will equip Europe to meet that challenge and create confidence amongst the public.

Above all it is important to point out that we can only maintain our prosperity in Europe if we belong to the most innovative regions in the world.

The EU should be concentrated on adapting to globalisation and global competitiveness, not building more powerful centralised institutions in Brussels.

We've got to demonstrate why European unity and integration, our vast single market, our single currency, equip us with the strength to embrace globalization.

As our economy advances, our government and our laws need to modernize, too.

So Europe needs to be competitive and we also need to be competitive if we wish to remain an interesting economic partner for the United States. This has to be done on the basis of strength, of competitiveness.