The European Union is the world's most successful invention for advancing peace.

But our system of regulation must keep up with this. If it fails to keep up, it will hold back economic expansion. We need financial market regulation that works at national and European level.

Non-proliferation will only work if all states are willing to cooperate, and that will only happen if all feel they are being treated fairly.

Financial service providers act as the lubricating oil in the economy. They link consumers who want to invest their savings for a good return with companies who want to borrow on best terms for expansion.

The E.U. is the world's fastest growing democratic body.

The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined.

U.S. companies rely on the European market for more than half of their global foreign profits.