Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-25-Speech-3-280"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2009-03-25"^^xsd:date2
dcterms:Is Part Of	lp_eu:The state of transatlantic relations in the aftermath of the US elections (debate)2
dcterms:Language	"es"^^xsd:language2
lpv:document identification number	"en.20090325.27.3-280"2
lpv:hasSubsequent	lp_eu:2009-03-25-Speech-3-2812
lpv:speaker	lp:José Manuel García-margallo Y Marfil2
lpv:spokenAs	member; Delegation to the Euro-Latin American Parliamentary Assembly (2008-10-23--2009-07-13)3 vice-chair; ECON (2007-02-01--2009-07-13)3 vice-chair; Delegation for relations with the countries of Central America (2007-03-14--2009-07-13)3 substitute; Delegation for relations with the countries of the Andean Community (2007-03-14--2009-07-13)3 substitute; AGRI (2007-02-01--2009-07-13)3 member; EPP-ED (2004-07-20--2009-07-13)3 unknown; Partido Popular (2004-07-20--2009-07-13)3
lpv:translated text	". Mr President, I would like to begin by thanking the rapporteur for the work he has done in order to present today to the House a complete, rigorous and extraordinarily timely report. The Presidency and the Commissioner have referred to the next appointments we have, starting with the London meeting, and followed by Prague, when the European Union and the United States will begin a new relationship, following the election of President Obama. I would like to focus on the report by the Committee on Economic and Monetary Affairs, which has produced a good piece of work, unanimously adopted, and which is directed towards the following aims. The first aim is to recover from the crisis. Either we recover together, or we will not recover. At the moment we are seeing the largest fiscal packages that our generation has known since the crisis of 1929. They will have a greater impact and a lower cost to the taxpayer if we are able to coordinate our efforts. The second aim is to reform the institutional financial architecture – which has shown itself to be unsuccessful in the current crisis – and to reinstate transparency for products, entities and markets. Either we do this together, or we will not be able to do it. As the Commissioner reminded us, we make up the largest economic bloc in the world and we share – as the rapporteur said – values that will allow this rapprochement. The third aim is the integration of financial markets in order to withstand competition from the emerging markets. In order to do this, it is necessary to bring closer the regulatory markets that make it possible to apply in practice the principle of mutual recognition and better supervision by the authorities on both sides of the Atlantic. The Commissioner referred to the fourth aim, and put it better than I can: we must jointly resist the temptation of protectionism and it would be a good idea to adopt a common position in the Doha Round. Finally, Commissioner, but no less importantly, together we must resolve the global imbalances which have been, in large part, at the root of this crisis. We must create a new international monetary system and it would be a shame if, through not coming to an understanding with our main ally, our voice were to be lost in the global debate."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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