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22 May 2012 BBC Parliament Let me conclude. There is no silver bullet for economic growth. If there were it would already have been fired. The buildup of debts, deficits and imbalances did not happen overnight. It happened over many years. The rebalancing we are going through won't be conluded overnight either. That's why it is so important to stay the course on sustainable and sound public finances. The Commission also supports the renewed drive for growth now sweeping across Europe. Now is the moment to go further with our actions for growth. We count on you in this house to make it happened. There is no reason to wait and indeed there is no time to lose. Thank you.