Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-544"

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"en.20101020.21.3-544"2
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"To my mind, the Feio report is the most professional report we have had in the last three months. All the issues and solutions detailed in the report are extremely timely. The lack of information, distorted reporting and, occasionally, downright lies from EU states’ governments, has led to dreadful results. By fearfully concealing the glaring gaps in their budgets, Greece, Latvia and Hungary have shaken confidence in the euro. The European Commission and the European Parliament must strictly and effectively react to any distortion of the facts and concealment of the truth. It is essential to draw up measures in respect of dishonest politicians, on whose account the EU has ended up in crisis. In order to come out of this complicated economic situation, we must draw up not only regulations for supervision and statistics, but also a plan for overcoming the crisis. That means, firstly, clear criteria for fiscal policy, and deadlines and guarantees for taxpayers. We must also ensure that this tax legislation not be amended every day at a nod from investors. Unfortunately, today, the Latvian Government amends its regulations as the mood of the officials from the International Money Fund and the European Bank takes them. I hope that the Feio report will act as a signal to the European Commission that the time for getting down to work has come."@en1

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