Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-09-05-Speech-3-210"

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"Mr President, ladies and gentlemen, I shall be very brief, particularly since I already stated the Council’s basic position on this matter in my first speech. I should like now to thank everyone here for all the speeches and suggestions you have made and to say that I have taken note of them and of your concerns, particularly those of what I would call a more social nature, that is, the possible consequences that the recent financial turbulence might have for citizens. We shall keep that point in mind as a concern voiced by several Members. I should like to reaffirm that we, as the Presidency and as the Council, shall continue to work on the convergence of supervisory practices and also on the schemes and mechanisms that will make it possible to constantly improve the prudential framework. Both the Council and the Commission mentioned here that all the data available at the moment indicate that we have achieved our economic and financial objectives: deficits, economic growth and employment too are on the increase. We are remaining totally realistic about this, however and – since realism has been mentioned here – I should like to say that the Presidency and the Council will be realistic. We shall pay attention to all these matters, to the developments which the future might bring, and the Presidency and the Council, as it behoves them and where justified, will not fail to take the appropriate action and initiatives to provide a response to any misgivings and problems which might arise."@en1

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