Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-10-08-Speech-3-064"

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"Mr President, I have three points to begin with. Regarding Russia, we must maintain a policy of being open and firm at the same time, never accepting Russian claims to any interests in other countries, be they ‘near abroad’ or far away. This will be of fundamental importance in the years to come. Secondly, the budget review must aim to open up and deregulate European agriculture, creating more opportunities for farmers in Europe, as well as in other parts of the world – though with fewer subsidies – aiming for a global, functioning agricultural market to meet the new demands for food all over the world. Thirdly, the actions regarding climate change must start now, in spite of the financial crisis, so that we can benefit from a long-term process; in this way we can fight climate change and be prepared to meet the other changes it will bring about. Regarding the financial crisis that we have been speaking about today, many of the speakers have forgotten that we are now at the end of a long-term process, unique in human history – that of global growth that has brought prosperity in a way that we have never seen before. We are now at the end of that. I did not hear anything about this from Mr Schulz earlier today. Of course, we have a number of problems, but they do not only concern the market. No one can say that the sub-prime loans in the USA are the result of market forces. They are the result of decisive political interventions. What we need now is to ensure that we have transparency, accountability and supervision that covers the modern markets as they are. They are both European and global, and we need to ensure that we can catch up with the reality of the financial markets. Then we can also be constructive regarding the development of a real economy."@en1
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