Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-10-07-Speech-3-049"
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"en.20091007.15.3-049"2
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Overcoming the current financial crisis and its impact on EU Member States’ economies and, ultimately, social areas, requires intensive joint efforts. The decision of the Conference of Presidents of 17 September 2009 to use a special committee to carry out a structured analysis and to draw up proposals for appropriate measures for the maintenance of sustainable, crisis-resistant financial markets is worthy of support. However, on a critical note, it must be said that more than 12 months have now passed since the appearance of the first symptoms of the crisis last year and the onset of the crisis itself at the start of this year. The measures that have since been introduced must be seen primarily as symptom control and emergency measures for safeguarding jobs. In support of this motion, it has to be said that particular attention has to be paid to coordinated and targeted measures as, with all due regard for the principle of subsidiarity, individual solutions will ultimately lead once again to distortions of competition."@en1
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