Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-01-18-Speech-3-084-000"
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"en.20120118.5.3-084-000"2
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"Looking at the text of the Danish Presidency programme, I think it will be of high quality and has the capacity to succeed. Denmark is giving up its role as chair of the euro area stabilisation negotiations. On the one hand, this is understandable—it is not a member of the monetary union. Modesty on the part of the Danish representatives may, however, be unnecessary. The situation in the euro area affects the whole of Europe, and a neutral moderator of the negotiations would certainly be no bad thing. We must accept the decision, however, and focus on equally important points such as the efforts to restore economic growth and create jobs. I must nevertheless say that I was not pleased by all of the points in the Presidency programme. Although the text of the programme does not mention the financial transaction tax, the Danish minister for the economy has already stated that she does not support the tax. This is an especially unfortunate decision. Now is the time to take an unambiguous position in the area of regulation of the financial sector. Now is the time to make it clear who is responsible for the crisis and who is avoiding contributing to its costs. If, in the Presidency programme, there is a chapter ‘Responsible Europe’ with a subheading ‘Strengthened financial regulation and supervision’ but such an important proposal is missing, then it does not seem to me to be particularly credible. Despite that, I will keep my fingers crossed that my Danish colleagues see through this difficult period for the EU with honour."@en1
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