Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-937"
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"en.20100922.20.3-937"2
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"I voted for the following report because I believe that the current EU system has several faults as regards macro-financial supervision and because I believe that this issue is far too important to be forgotten. Initiatives implemented with the intention of resolving this issue should be welcomed. If it were good for anything, the financial crisis that has recently devastated the world certainly served to draw our attention to the fragility of our economic systems, to the constant economic risk in which we live and to the glaring need to create a body charged with macro-economic supervision within the EU. That is why I look positively on the fact that Members from all political groups have voted for this report and that it has been adopted by an overwhelming majority, which is a good illustration of the general concern about fiscal sovereignty. I believe it is of the highest importance for this new system of financial supervision to operate without hindering the financing of the economy, while safeguarding the single market, allowing the EU to maintain its status and warning of risky situations in good time. For all these reasons, I am in favour of the creation of the European Systemic Risk Board."@en1
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