On the contrary, Liberals believe that competition stimulates the innovation that can lead us out of the crisis. The single market must be guarded like the jewel of the EU family. That implies a refusal to bail out structurally inefficient companies and thus place a massive tax burden on future generations. This is why liberalism is a crucial force in the process of solving the crisis.

The need for a consistent and coordinated approach among the EU countries is evident. Liberals across Europe - in the European Parliament as well as on the national levels - have been working hard to prevent another meltdown of the global financial architecture and to revive economic growth.

The ELDR special dossier "Financial crisis - liberal answers" provides a comprehensive compilation of documents and actions outlining how Liberals in Europe and across the globe have been tackling the challenges.

Why do we have it?
What have liberal MEPs done to solve the crisis?
ELDR briefing: Capital requirements and supervision
The World economic crisis by Liberal International.

ELDR Resolutions:

Liberal answers for a new Prosperity (Theme resolution adopted by the ELDR Congress on 20 November 2009 in Barcelona)
Liberal responses to the financial crisis(Resolution adopted by the ELDR Council on 16 April 2009 in Brussels)
Crisis in the financial markets (Resolution adopted by the ELDR Congress on 31 October 2008 in Stockholm)

Also refer to the EDLR Manifesto for the 2009 european elections

Member parties contributions:

• Argumentationsleitfaden Finanzkrise (FDP, Germany) 
• Seven steps out of the crisis (Reformparty, Estonia)
• Economic recovery plan (Libdems, United Kingdom)
• Position papers by FDP.Die Liberalen, Swizerland
  - Resolution economic policies in German and French
  - Resolution tax sovereignty in German and French
  - Position paper liberals answers on the financial crisis and cyclical downturn in German and French 
  - Position paper reform programme instead of stimulus package in German and French 
  - Draft position paper on financial centre strategy in German and French