Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-083-000"
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"en.20120912.4.3-083-000"2
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"Mr President, firstly, while to start with Mr Barroso was initially Mr Farage’s punching ball, is Mr Farage now becoming Mr Barroso’s punching ball? I would see that as a positive development in this Plenary.
I shall now come back to the main discussion we had an hour ago. I think – and my group thinks – that the Commission should make more use of its right of initiative on a number of topics and on a number of issues. I would advise the Commission not to wait for the green light – or red light – from Paris, Berlin or other capitals. The red light is always there but not the green light. It needs to do what is necessary and put its legislative proposals on the table. The effect on the market would be so positive that it would be far more difficult for these countries to react negatively.
My third point concerns banking union. Mr Barroso has said that he does not want a delay. I do not want a delay either. But that does not mean that, if he does not agree with a proposal that has the support of the Council – and mainly of Germany in this instance – that we cannot discuss it. Just because Germany considers that the ECB should do a given job we do not have to agree with it. I am sorry, but that is not codecision, is it? Codecision means that for a short period – and you can be sure that our coordinators will respect that and will examine the proposal – you can suggest other, better possibilities, rather than creating double standards.
Finally, in Germany they need to be serious. They cannot at the same time give tasks other than monetary functions to the ECB and criticise Mr Draghi for the interventions he is currently making in the markets. It is one or the other: either it is independent – in which case we have no financial supervision – or it is not, in which case they can continue to criticise Mr Draghi, as they have been doing in recent weeks."@en1
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