Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-495-000"
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"en.20110308.25.2-495-000"2
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"Madam President, Commissioner, ladies and gentlemen, I cannot but endorse what has just been said by Mrs Goulard on the basic presuppositions that mean that while we are well aware of the need for effectiveness and speed in the decision-making process, it is essential for Parliament to be involved. This is the only way in which our fellow citizens, of whom we are the elected representatives, can understand what is happening and explain it to them.
I would like to raise one very specific point. We are buffeted, on a daily basis, by the financial markets, these financial markets, which stand for everything and for nothing, are most often inhabited by young people who have moved from
to computer without thinking too much about it, and yet who strike fear into the hearts of our countries. The way to bring the markets under control is not to eliminate them. I do not belong to a group that seeks to abolish the markets. However, what do the markets seek? They seek to avoid risk and the rule of the game in the markets is to pass risk on to someone else. This means that an operator will never feel happy as long as there is risk.
I feel that if we are to have an impact on these financial markets, Europe must be able to draw some very clear lines, not change direction every other day, and not bubble with hosts of ideas which are never, subsequently, put into practice.
If we want to bring this financial aspect under control, and this is vital for the economic stability of our countries, we need to be able – and it is your role, Mr Barroso, to provide this impetus – to set clear goals, clear measures and to show a clear determination in regard to good economic coordination."@en1
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"Game Boy"1
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