Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-04-22-Speech-3-071"
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"en.20090422.5.3-071"2
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"I would like to draw attention to an unpleasant fact which is hiding behind fine words. In reality, Europe is now split in two: the euro zone and the non-euro zone. An hour ago we discussed the control of financial markets; it is obvious that the aim is to ensure the movement of capital and the activities of financial groups uniformly throughout the whole of Europe. This means macroeconomic management is left in national hands and if there are problems, countries are left to solve those problems themselves. This is not the sort of attitude that will help us strengthen the common market. We need common macroeconomic management and this will be achieved if we support the proposal of the de Larosière Group. However, we need this macroeconomic management on a European scale, not just within the euro zone, and we need it now. I think that one of the European Parliament’s proposals for the ECOFIN meeting should be to discuss macroeconomic management not just on the basis of the euro zone, but at European Union level."@en1
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