Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-10-08-Speech-3-066"

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"en.20081008.14.3-066"2
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"( ) Thank you, Mr President. And I would ask the interpreters to forgive me for speaking off the top of my head. The key words here are solidarity, supervision and security. We continually assert that solidarity is of particular importance in the current financial crisis, especially coming as we do, as I do, from a country which is brimful of bank branches, affiliated organisations and subsidiaries, so what is essential here is how the head offices in their key positions, and their supervisory bodies, react to the problem facing us. On the subject of solidarity, I can mention here that the Common Agricultural Policy came into being five years after the creation of the European Economic Community and now, almost five years after enlargement, it is time for a Common Energy Policy, too. I am glad that the Minister has said that this was a good idea but it still had to be achieved. But what I can also say, this business of deposits, here it is about solidarity. This is possible, and it is a time when we are able to present a positive picture of the European Union in central European countries; if we do not hang about one after the other, but say together that indeed in a case of crisis we will give a guarantee for the entire population’s deposits. For up to six months, or a year. We can decide, and the sooner we do this the better, as we are talking about people here, people in parlous circumstances, who we must rescue as quickly as possible. I do not believe that this will cause such very long-drawn-out problems. The second question is solidarity and our defencelessness. It is really about supervisory authority and that will be the next point. I understand that we wish to establish chambers, or colleges, and I believe it is important that we move towards some centralised supervision, just as we transfer certain key matters in competition policy to the appropriate EU body or to the ECB, the European Central Bank, but it is very difficult to comprehend how we could build up confidence in each other in a collegiate system. Thank you."@en1
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"Zsolt László Becsey (PPE-DE ). -"1
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