Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-16-Speech-3-043"
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"en.20100616.4.3-043"2
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"Madam President, ladies and gentlemen, the crisis is deep and Europeans are asking us for one thing: to put politics back in charge of the economy. This is the responsibility that we must take on by revitalising the Community method, safeguarding our currency and promoting measures to protect our citizens and provide employment. Making the financial markets accountable is a moral, but also a political duty for us, and Europe must speak with one voice at the forthcoming G20 summit.
This is a problem that you, Mr Barroso, must address. Your Commission must endeavour to keep the governments at arm’s length and convince them that no one will emerge from the crisis on their own. United, Europe will win, or divided, it will fall. You must be like an orchestra conductor, Mr Barroso, making all the musicians play the same tune.
What should the music score contain though? Firstly, regulation of the financial markets and the rating agencies, economic governance of the euro area, taxation of all financial transactions and investments for growth, and not just budget cuts. A striking example was your Commission’s positive opinion, according to the Italian Government, of Italy’s financial package, a package that will bring the local authorities to their knees. No one has ever achieved growth on the basis of budget cuts alone and today, what we need is growth."@en1
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