Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-01-Speech-3-060-000"
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"en.20120201.12.3-060-000"2
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"Mr President, I think to some extent we have been lurching from one regulation to another and while I accept that it would be very difficult, if we did not have the institutions we have, to keep a grasp on the matter, I think it is time to move on. Mr Draghi said two weeks ago in the Committee on Economic and Monetary Affairs that you can have fiscal rectitude without growth but you cannot have growth without fiscal rectitude. I support that. I think that is a fair definition, but please, more emphasis, more leadership, on growth.
As part of this we surely need some new definition of what the market economy is meant to stand for. We are in a situation, it appears to me, where the private sector is regulating the public sector and there is very little accountability. Oligarchs seem to be in charge of certain parts of the markets, so please, let us have more attention to what the markets are doing to the public sector and to us as parliaments and governments, and let us do more to give leadership, to try and bring about growth and jobs."@en1
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