Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-24-Speech-1-223-000"
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"en.20111024.20.1-223-000"2
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"Madam President, Commissioner, The issue of economic governance has gained increased importance recently. However, in order to discuss the global aspect of economic governance and to achieve results at the upcoming G20 summit, it is important to understand its European aspects and its dangers.
Although the European Council has discussed and will discuss very urgent matters, unfortunately, it seems that this is done very slowly. Months have passed and the Greek problem is yet to be resolved. This can pose further dangers for the euro and also the EU itself. We did adopt the ‘six-pack’, but this is not enough for progress.
In light of the above, it is to be welcomed that the report goes further and calls for global cooperation as regards monetary supervision, and even speaks about a more successful macro-economic policy. We must also see, however, that as long as Europe is unable to resolve the situation of its common economic policy, restore the stability of the euro and regain the trust of investors, it cannot expect any results from the upcoming World Economic summit."@en1
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