Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-917"
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"en.20100707.23.3-917"2
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"The creation of structures that are capable of preventative intervention, sustained by permanent, carefully reasoned evaluation, should be a priority in the EU decision-making process and policy making in the current framework for responding to the current crisis, where it is imperative to ensure the efficiency of Union macro-prudential supervision of the financial system. The European Systemic Risk Board, having the ability to control and assess the risks of the financial system in periods classed as normal, could act as a guarantor of financial stability, something which is absolutely necessary if the real economy is to develop, bringing growth, wealth and jobs. I would like to highlight the rapporteur’s concern with ensuring a balanced and realistic proposal through effective supervision which will safeguard the financing of the economy, the single market and the interests and objectives of the EU."@en1
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