Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-18-Speech-2-285"
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"en.20081118.29.2-285"2
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"Madam President, ladies and gentlemen, there are three main crises that demand action from us. The first is the financial crisis – as has already been discussed – which is encroaching on the real economy to an ever increasing degree. Secondly, we must not forget the crisis involving the Treaties which underpin our Union, reflected in the fate of the Treaty of Lisbon. Thirdly, there is an EU crisis with respect to its acceptance amongst the public, which is, I believe, an important aspect to mention ahead of the elections.
Mr President, you have presented a work programme for the rest of the term of this Parliament and of your Commission, and I would like to say that the Group of the European People’s Party (Christian Democrats) and European Democrats will be happy to follow the main principles of this programme. We will support you. However, we will put different emphases on some aspects. Emphasis will be placed in line with expectations. These expectations are aimed at the last few months of your term of office and maybe even beyond.
The PPE-DE Group would like to see itself reflected in the Commission’s actions. We are aware that other groups are making the same request, and rightly so. We will rely on your political skills for the response. You have rightly made employment and growth your highest priority. The response is increasingly linked to the issue of how we should react to the financial crisis. We support the measures required in connection with the regulation and transparency of the financial markets. We need extremely specific proposals for reorganising the regulation of the financial markets as quickly as possible.
The implementation of the action plan from the Global Financial Summit is surely first and foremost the concern of the nation states. However, in view of the globally interconnected markets, close cooperation in connection with all regulatory measures – if only to prevent various different standards from being applied – is imperative. This represents a broad and important area of activity for the coordination work of the Commission.
Regulation – and we must not forget this – is not an end in itself, but, in a particular crisis, it is a tool used to achieve certain goals. We need to keep reminding ourselves of this fact.
You mentioned the climate change and energy package which is scheduled to be adopted by December. I am sure this goal enjoys broad consensus within Parliament. The PPE-DE Group – and I want to make this absolutely clear – also wants this problem to be solved before the end of this legislative term. It is a strategic aim. However, you are asking a lot of Parliament. Based on the current situation, we can assume that just after the December summit we will be presented with a package containing hundreds of pages in one language and we will be expected to say yes or no to it.
While we respect the goal that we also share, this is a significant abuse of the rights of Parliament and its Members, and maybe we will be able to come up with something more ingenious than this unrefined option."@en1
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