Translation of "Croissance d'un monocristal par fusion de zone " (French → English) :

growing by zone melting

56. Points out that the important role of the euro in international financial markets brings with it obligations, and that the effects of monetary as well as growth policy in the euro area have a global impact; emphasises the increased importance of the euro for international trade and services as a stabiliser in the global environment, as an engine for financial market integration and as a basis for increasing direct investments and cross-border company mergers, as transaction costs could be substantially reduced; calls for a study on global imbalances and the role of the euro and possible adjustment scenarios to prepare the ...[+++] European Union better for tackling major external shocks;

56. Points out that the important role of the euro in international financial markets brings with it obligations, and that the effects of monetary as well as growth policy in the euro area have a global impact; emphasises the increased importance of the euro for international trade and services as a stabiliser in the global environment, as an engine for financial market integration and as a basis for increasing direct investments and cross-border company mergers, as transaction costs could be substantially reduced; calls for a study on global imbalances and the role of the euro and possible adjustment scenarios to prepare the ...[+++] European Union better for tackling major external shocks;

55. Points out that the important role of the euro in international financial markets brings with it obligations, and that the effects of monetary as well as growth policy in the euro area have a global impact; emphasises the increased importance of the euro for international trade and services as a stabiliser in the global environment, as an engine for financial market integration and as a basis for increasing direct investments and cross-border company mergers, as transaction costs could be substantially reduced; calls for a study on global imbalances and the role of the euro and possible adjustment scenarios to prepare Europe better ...[+++] for tackling major external shocks;

2. Recalls that the primary objective of internal market legislation, now that the euro zone has been put in place, is to allow the internal market to function without cross-border obstacles to the growth of industries and to realise substantial economies of scale which can also facilitate mergers and acquisitions; believes, therefore, that European regulation must be simple and straightforward; is convinced that boosting competition, through regulatory reform, is the stimulus that Europe needs to improve productivity;