Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-24-Speech-3-456"

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"Madam President, Commissioner, ladies and gentlemen, we have just heard the Chairman of the Committee on Economic and Monetary Affairs express the real views of those Members who are interested in this issue. As has been underlined, everyone is aware of the importance of financial accounting standards and of the reforms that have been announced. The time has now come, Commissioner, to clarify and put into action the comments that you have made. I have a suggestion to make: this resolution is a rigorous one and it needs to be, but there is no need to kill the sinner. What we could in fact do is to take a few days respite in order to establish a protocol between the Commission and Parliament that would clearly define the extent to which Parliament has to be kept informed, its level of involvement in this matter and the positions that it takes up, and to this end we need to postpone the vote for a few days. This is the proposal that the Group of the European People’s Party and European Democrats will put forward tomorrow, namely that the vote on the resolution be postponed in order that Parliament and the Commission might be able to cooperate properly on this important subject. Obviously if nothing is forthcoming during this interval, and in order to make up for lost time and the possible lack of information, we shall be obliged to vote on the resolution that is being tabled today, with all the tough decisions that this will entail. In the midst of the difficult circumstances that are now being imposed on us by the current financial crisis, which is not something totally unfamiliar as far as accounting standards are concerned, I hope that everyone of us will understand that we have to find a quick and practical solution that will help steer developments in the required direction."@en1
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