Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-13-Speech-4-192-000"

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"Mr President, I am actually very pleased that we have made progress in this regard. These proposals first emerged back in June and I think we are making good and satisfactory progress which will help us to get out of this recession and, more importantly, put proper controls in all banks in the future. I come from a small country, and from my experience, I would never again trust banks in my country if it was left up to the authorities within the State to supervise them totally. Central authority at European level is far better; it is more objective and, certainly, the ‘palsy-walsy’ situation which we saw in Ireland was partly responsible for leading us into the terrible position we are now in. This is to be welcomed, and the sooner it happens – and the more banks that are under the supervisory control of the ECB – the better. Finally I just want to thank President Draghi for the courage, the vision and the decisions he has taken since he came into office. He has been a breath of fresh air."@en1
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