Schüssel, who chaired the discussion on the above-mentioned topic, started out by recalling the objectives of the Austrian Presidency – to give citizens concrete answers to their questions and to offer solutions. This presupposes that citizens will be listened to and that their fear of centralisation will be taken seriously. The subsidiarity principle would be the answer to this and better regulation would work to counter over-regulation, said Schüssel and named a more just financial system with improved sources of own resources as an example of a possible concrete solution. He is keen to allay fears about neoliberalism with the European social model, and Austria is making great efforts to present a team Presidency to counter complaints about the dispute between the EU institutions.
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