Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-03-15-Speech-3-274"

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". Mr President, imagine that next weekend President Barroso called a press conference to announce the merger of Euronet, Deutsche Börse and the London Stock Exchange. A dream scenario or a nightmare? I tend to say neither, but simply note that it is rather improbable that would happen. The message of my group, nevertheless, is that President Barroso, the Commissioner and their colleagues should not be caught napping in the situation we now find ourselves in, with the mergers, acquisitions and developments we see in the financial markets, energy and other sectors – sectors that are all very important for the European economy. We Social Democrats still believe that the state has a role to play in the economy as a facilitator, as a regulator and as a defender of the public interest. I do not say that we politicians should take the leading role and be the stars at press conferences, but we should play a role in silent diplomacy and in creating the conditions in a dialogue with companies; we should not only commence with what has happened but also anticipate what will happen. That is why I do not like your approach, Commissioner, which is only negative and seeks to prevent authorities from interfering in what is happening with companies. I think there should be a proactive approach and I shall mention three questions on which we should have a thorough debate in Europe. The first is industrial policy. I was very happy with some of Commissioner Verheugen’s remarks this morning, which were made more from the perspective of industrial policy. The second – which was also mentioned by Mr Lehne – concerns what is happening in takeovers and the way we organise this. We need a debate there, not only on shareholder democracy, which the and are preaching, but on other aspects too. The third is the European approach versus the national approach."@en1
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