Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-396-000"

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"en.20120912.22.3-396-000"2
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"Mr President, the crisis in the eurozone has demonstrated that the European banking system is sensitive and fragile. The proposal for a single banking supervisory mechanism, and in the longer term the setting up of a banking union has motivated my delegation to address a question to the European Commission. We are concerned primarily with the issue of the terms on which countries outside the eurozone would participate in the supervisory mechanism, countries such as Poland, whose government has already – probably too easily - indicated a willingness to surrender a part of its sovereignty. We await a detailed reply from the Commission regarding the functioning of this forced mechanism and its decision making process, which includes so-called voluntary members from outside the eurozone. The question is simple: how important will these countries be? Will they have a right to vote and what will they be able to influence? I am afraid that if there is further integration of banking in the eurozone, the impact will be felt also by financial institutions outside the eurozone, since capital is extensively and closely connected in the current global situation. We therefore call for a very detailed and careful approach in reaching a decision on this matter, and for the importance of those countries that form part of the European Union, but do not currently form part of the eurozone, to be taken into account also."@en1
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"(The speaker agreed to take a blue-card question under Rule 149 (8)))"1
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