Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-11-15-Speech-2-053"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2005-11-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Legislative and work programme for 20062
dcterms:Language	"nl"^^xsd:language2
lpv:document identification number	"en.20051115.7.2-053"2
lpv:hasSubsequent	lp_eu:2005-11-15-Speech-2-0542
lpv:speaker	lp:Ieke van den Burg2
lpv:spokenAs	member; ECON (2004-07-21--2007-01-14)3 substitute; IMCO (2004-07-21--2007-01-14)3 unknown; Partij van de Arbeid (2004-07-20--2009-07-13)3 member; Delegation for relations with Australia and New Zealand (2004-09-15--2007-03-13)3 member; PES (2004-07-20--2009-07-13)3
lpv:translated text	"Mr President, various previous speakers have already drawn the comparison with the United States. I am involved in the Committee on Economic and Monetary Affairs, which also has many transatlantic contacts. What I have noticed is that there is a kind of reversal in the assessment of developments, particularly on the financial market. I do not know whether you saw the headline of this morning’s which once again read that the United States envies us for what this House achieved in the last part-session. In October, we tackled an 800-page tome of regulations on the banks’ capital requirements, which is placing us well ahead of the United States. People are not sufficiently aware of this. I do not know whether you are familiar with the book by Jeremy Rifkin about but that book too indicates that our perception in this respect is sometimes incorrect. What strikes me is that the Commission lacks the awareness that we could do much more with the Lisbon Strategy and with macro-economic policy. In Europe, we talk each other into the doldrums when a number of things go wrong, but we forget that they also present us with opportunities. We could, for example, capitalise on the surrounding the Stability and Growth Pact in order to achieve better macro-economic policy now and we could use our advantage in the area of financial markets regulations to effectively deploy the investments that this could produce and get the Commission to steer this macro-economic policy. I am afraid that the attitude that the market will manage on its own is also attributable to your liberal view. I think that the Americans could help you dispel this notion. The market cannot manage on its own. We will need to show the way, and in this we expect leadership from the Commission."@en1
lpv:unclassifiedMetadata	"Financial Times"1 "The European Dream,"1 "malaise"1

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