Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-428-952"
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"en.20121120.28.2-428-952"2
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The report in question, prepared by Marianne Thyssen, contains recommendations to the Commission on the report of the Presidents of the European Council, the European Commission, the European Central Bank and the Eurogroup ‘Towards a genuine Economic and Monetary Union’. It is a text that focuses on financial and monetary union as a means of helping to find a way out of the crisis and build a genuine single market. However, we must demand a banking union serving the citizens and not the banking sector. I welcome the establishment of monitoring and preventive mechanisms, as well as a strengthened fiscal capacity provided with the necessary means to fully discharge its duties. To find a way out of the crisis, we need true governance of the euro area to strengthen the economy and restore confidence in the banking sector. I voted in favour of this report, the recommendations of which reinforce the current legislative framework, because I am convinced that this financial and monetary union will increase cohesion between Member States and will help in overcoming the current crisis. European citizens are expecting proposals to resolve their problems and contribute to a significant improvement in their living conditions."@en1
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