Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-24-Speech-3-022"

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"Mr President, as Mr Nassauer has already said, the PPE-DE Group is very happy with the contents of the annual legislative programme. I think that, due to the improved process, Parliament has already come on board, which makes it very easy for us to improve the annual legislative programme. As a representative of the Economic and Monetary Affairs Committee, I would like to concentrate on your first pillar – growth, jobs and European competitiveness. I think that a key factor is how we respond to the financial crisis. In the PPE-DE Group we believe that, as we already have quite good legislation in place in Europe, everything we do now should be based on the existing legislation and its improvement. We do not see the need for a very radical overhaul in Europe. We think that, firstly, soft-law measures should be considered because that is also the most effective way to respond to global issues. Financial markets are very global and we cannot act in Europe as though we were in a vacuum. We also believe that there are many improvements in the present regulatory and supervisory framework, the so-called ‘Lamfalussy Framework’, and we support completely the Commission’s work on that area. The second issue is climate change. Climate change will influence growth and jobs in Europe. We should not take the fundamentalist view about climate change that Europe must act now and must do everything at once without global support. Thirty per cent of emissions, even if we were to go that far, is not enough to tackle climate change. We need a global, effective deal and that will probably come from Copenhagen. Until then we should not punish ourselves. We should not punish European competitiveness too much, but take a realistic approach to climate change policies in Europe. Finally, my third point concerns SMEs. SMEs are the key to European growth. For example, in the social package we should always take on board their views and how they see the social framework environment in Europe. The social package should not be a burden to European small and medium-sized companies."@en1
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