Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-06-Speech-1-068-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-06-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:Selection process of a new Managing Director for the IMF and external representation of the euro (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20110606.17.1-068-000"2
lpv:hasSubsequent	lp_eu:2011-06-06-Speech-1-069-0002
lpv:speaker	lp:Kay Swinburne2
lpv:spoken text	"Madam President, in today’s uncertain economic climate, it is more important than ever that the global institutions set up to ensure financial and economic stability, which many countries around the world are dependent upon, are not used to make symbolic political statements. The IMF is not a symbol but a working institution that needs someone at the head of it who has a strong understanding of the financial markets, the necessary skills gained from managing a large economy and the ability to communicate tough decisions to the general public. The strength of Christine Lagarde’s candidacy is not that she is a European, but that she is a hugely competent individual who has shown remarkable leadership qualities throughout the financial crisis. As the primary role of the IMF is to work on conditional structural reform packages to accompany the distribution of funds to members when they are in dire straits, I believe that Ms Lagarde has shown that she is well able to broker complex agreements on controversial issues, successfully bringing together disparate parties to reach a beneficial solution. We must not get caught up in the prism of today’s eurozone crisis but look to what problems the IMF may face in the future. I believe that Ms Lagarde has the necessary skills and track record to lead the IMF during this period of economic turbulence and to steer a path of reform at the IMF to ensure its continued relevance for generations to come. Turning to the matter of eurozone representation on international bodies, as financial markets do not respect national boundaries, it is hugely important that global institutions work effectively to coordinate national policy. While I am in favour of more coordination, efficiency and the linking up of policies to avoid regulatory gaps, I believe that the EU must not lose its diverse set of voices in international institutions. The crisis has shown the huge differences between the economies of the EU even within the eurozone, let alone the differences between non-eurozone countries as well. All of our countries have been affected in different ways in the current crisis and we have different experiences. A single voice is not as strong as a multitude of voices singing in harmony."@en1
lpv:spokenAs	member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2012-03-27)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the Palestinian Legislative Council (2009-10-19--2014-06-30)3 unknown; Conservative Party (2009-07-14--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 member; PECH (2009-07-14--2014-06-30)3
lpv:unclassifiedMetadata	"Kay Swinburne,"1 "on behalf of the ECR Group."1
lpv:videoURI	<go to Events_and_structure europarl>2

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