What do you actually think will happen to European industry now?
That is the natural area of competition for the European industry.
By 2010, European industry must be the world's most competitive economy.
European industry has an important and strong role to play in this.
My fear is that, by the time we get something done, the European industry will have gone out of business.
I hear very positive feedback from nearly every area of European industry.
This is all about taking a responsible approach to a traditional European industry.
This is the only way that we will be able to return European industry to a leading position in the world.
Only the excellence of European industry can make this happen.
It is no longer the case that we have European industries.