Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-160"

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"en.20100922.20.3-160"2
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"Mr President, I am glad that it was possible to complete the creation of conditions for effective oversight of the financial markets, which failed at the beginning of the financial crisis. I welcome the fact that Europe is building instruments with which it might be possible to avoid crises in the future and therefore, I have supported all the reports in the package on the financial oversight of financial markets. The aim should be closer adherence to the rules of good management, and neither budgetary profligacy nor increasing debts at the expense of future generations are examples of this. For this reason, I reject the proposal of President Barroso of the European Commission for the issuance of European bonds, which he mentioned in a recent speech in the European Parliament, when speaking about rewards for states which maintain the rules of good management. It was a question of rewards in the form of European bonds."@en1
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