Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-415-875"
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"en.20111025.25.2-415-875"2
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"I voted for the report by Mr Hökmark because I believe that the proposals in the text go some way towards strengthening the EU in the international economic and financial institutions. The EU represents 50% of the world’s GDP and therefore we need to strengthen the role of the European economic institutions within the international institutions.
The crisis we are experiencing and exposure to attacks by speculators that have damaged and continue to damage the world markets in the context of the global economy force us to make choices that will strengthen the role of the international economic institutions. The proposals of the report move towards greater coordination between bodies belonging to political and economic institutions such as the IMF and the G20 in order to make decisions on monetary policy and on monetary and fiscal management agreements more effective. Global economic governance reform is a proposal consistent with the EU’s cooperative role and the requirements of this particular historic moment."@en1
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