Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-11-Speech-3-050"
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"en.20090311.3.3-050"2
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"Madam President, Mr Vondra, Commissioner, Europe can do a great deal if it wants to but, to do so, it has to make the correct diagnosis: currently, however, it is under-estimating the crisis. It needs to provide the appropriate resources: currently, however, the recovery plan is not enough. It has to release the financial resources required: currently, however, the debate on the Eurobonds is at a standstill; it must be relaunched. If Europe wishes to act intelligently on the international stage, then it must also set an example in relation to the regulation and supervision of the financial markets.
Mr Barroso, your initiation of the work carried out by Jacques de Larosière’s group has been useful, intelligent and exceptional. This work is now on the table. Do a Delors and use this work as a basis for implementation!
This report has been adopted unanimously, even though the group was composed of cultures and people of very different origins. The European consensus that we have sought for years has therefore been found.
If you allow the nations to tear themselves apart following this result, there will be no European supervision of the financial markets."@en1
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