Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-422-750"

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"en.20111025.25.2-422-750"2
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"The development of the global economy, with the emergence of important new actors, is such that coordinated action is needed at European and international level in order to combat the impact of globalisation. I voted in favour of the report because I consider that it is a move in the right direction. However, we need enhanced cooperation and extensive reforms that will promote growth and financial and macro-economic stability. I endorse the rapporteur’s view of the importance of measuring imbalances using a set of indicators to cover both internal imbalances and external imbalances, in order to achieve strong, sustainable and balanced growth. The lack of coordination in fiscal regulations needs to be addressed, so that certain financial actors are not allowed to take advantage of regulatory arbitrage."@en1

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