Connect with us

Hi, what are you looking for?

Your Retire Invest

Top News

“Legend of European Union, Jacques Delors, Passes at 98”

Jacques Delors, the former President of the European Commission who is credited with having shaped the European Union, passed away on Wednesday at the ripe age of 98.

Delors, who was born into a family of teachers in Paris, France, first rose to public prominence in the 1980s, when he served as the French Government’s Minister of Economy, Finance, and Budget. He then served three terms as the President of the European Commission between 1985 and 1995; during his tenure, he was influential in the creation of the European monetary system, laid the groundwork for the Euro, and his contributions to employment and social policy were the foundation of the EU’s fundamental values of democracy, solidarity, freedom, and human rights.

Delors was also instrumental in the introduction of European citizenship, which granted citizens of EU member states certain rights and freedoms, and he advocated for greater economic and social policy coordination between EU countries. Throughout his career, Delors was known for improving Europe’s post-war economic indicator numbers, and he was instrumental in the process of European integration.

The French President, Emmanuel Macron, called Delors’ death “a moment of great sadness”, and credited Delors for “four decades of passionate commitment to European integration”. Furthermore, European Commission President Ursula von der Leyen quoted Delors’ famous 1993 phrase to say, “This Europe of ours is built around solidarity”, an ideology which Delors himself held dear.

Due to his unprecedented contribution to the European Union, Jacques Delors will be remembered fondly by many. His achievements in the European project, such as the European Citizens’ Initiative and the creation of the Single Market, are regarded as instrumental in forging an interconnected and prosperous European space. He has left behind a legacy like none other, and he will live on in the hearts and minds of many.

You May Also Like

Editor's Pick

Controversy ensued recently when a vocal group within the Republican party (in the United States) began to make the argument that the Speaker position,...

Stock

In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

Top News

Intensified aerial strikes in and around the Hamas-controlled Gaza Strip have been met with retaliatory releases of Israeli hostages by the militant organization. On...

Economy

In an effort to promote stronger loyalty among customers, Delta Air Lines has recently announced changes that will make it more difficult to earn...

Disclaimer: YourRetireInvest.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 YourRetireInvest. All Rights Reserved.