Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-07-02-Speech-2-090-000"

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"Mr President, first of all I want to congratulate the Taoiseach and Tánaiste Eamon Gilmore on a successful Irish Presidency. As has been outlined, the main priority of the seventh Irish Presidency was stability, growth and jobs, with a particular emphasis on youth employment. We cannot underestimate the corrosive impact of youth unemployment across Europe, which is poisoning young minds which would otherwise be full of idealism and hope. So I welcome last week’s initial agreement on the one-trillion-euro MFF, and in particular the decision to front-load up to EUR 6 billion into tackling youth unemployment. I particularly welcome that Council conceded to Parliament’s demand on flexibility, so that unspent EU funds will continue to fund youth employment initiatives from 2016. As rapporteur for Parliament on the Fund for European Aid to the Most Deprived, I welcome the decision to allocate an extra EUR 1 billion to bring the fund back to EUR 3.5 billion, and I hope that this dossier can now be agreed with the Lithuanian Presidency. The Irish Presidency has made progress in many areas. One – banking union – has proved to be painfully slow, but it should be acknowledged nevertheless that significant progress has been made towards better supervision and resolution, on capping bankers’ bonuses and, crucially, on breaking the link between banking and sovereign debt. But there is still much work to be done and we need the proposal on banking resolution, as President Barroso referred to it today, and I welcome the fact that he is going to bring this proposal forward shortly. Our citizens need reassurance that never again will taxpayers be burdened with the bill for the reckless, irresponsible and even criminal behaviour of bankers. I believe it is important for us to develop the social dimension to Economic and Monetary Union. Social union is what will inspire solidarity among the citizens of the EU and restore our faith in the vision of our founding fathers: peace and prosperity through solidarity and cohesion. I would like to pay tribute to the hard work done by the Irish Ministers and officials, and indeed EU officials, over the last six months."@en1
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