Delors


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Delors

Jacques (Lucien Jean). born 1925, French politician and economist, President of the European Commission (1985--94): originator of the Delors plan for closer European union
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Subsequently, just two years after the fateful policy reversal in which he had played such a prominent part, Delors became president of the European Commission.
When Delors made his promise of a 'social Europe' the typical pay for a FTSE 100 CEO was around 20 times the pay of the average UK worker.
Thanks to his deeply held stability-oriented stance, Pohl succeeded in convincing his fellow members of the Delors Committee of the need for an independent central bank committed to price stability and able to make decisions as the guarantor of a functioning monetary union.
Delors adds: "This has led us, within the terms of reference of the report, to rethink and update the concept of lifelong education so as to reconcile three forces: competition, which provides incentives; cooperation, which gives strength; and solidarity, which unites.
In the meantime, of course, both Merkel and Sarkozy are facing declining poll ratings at home, are facing a perilous election season, and are living with the knowledge that key instigator behind the Euro, Jacques Delors, has recently admitted that he was entirely wrong about the Euro from the outset.
The chance of its survival was dealt yet another blow on Saturday when Jacques Delors, the architect of the very project, made it clear in no uncertain terms that it was doomed from the start anyway, in an interview with a British newspaper.
But the single currency's architect, former European Commission president Jacques Delors, fears it may be too late.
Jacques Delors, 86, former President of the European Commission, suggested that "a fault in execution" had doomed the euro to its present crisis, it emerged yesterday.
Sanctioned by the President of the Commission Jacques Delors, it brought about the European Union and led to a new currency, the euro.
Twenty-one years have elapsed since the presentation of the Delors Report in April 1989 and 11 years since the establishment of the European Monetary Union (FMU) on 1 January 1999.
Republic of Mali, and Jacques Delors, former president of the European
The initiative was launched by Buzek, on 5 May, together with former Commission President Jacques Delors.