Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-24-Speech-3-255"
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"en.20080924.31.3-255"2
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"Mr President, it is a pity that Mr Schulz has already left. I wanted to make the point that it is too early to say who will go bankrupt, because nobody knows who the end-investors in the toxic assets are. Maybe they are state-owned banks.
Nevertheless, I would like to encourage a broader view of events and to recall that Parliament, as early as the beginning of this year, put forward some valid proposals which were not accepted by the Council and the Commission. Firstly, we asked for economic management at EU level to be brought into line with global developments and for the broad economic guidelines to be updated. We also suggested ensuring vigorous enforcement of EU competition rules and not allowing the crowding-out of small and medium-sized business from the market, or the creation of monsters which are too big to fall. We have to promote and preserve our national, traditional business culture because the slogan of the European Union is ‘in diversity we are united’."@en1
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