Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-10-08-Speech-3-059"

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"Madam President, just as the situation in the Caucasus this summer presented the European Union with a new geopolitical challenge, so today the crisis in the financial markets in the global market is presenting a challenge linked to the global economy, and the European Union is having to face up to this. Everyone is agreed that at this time we must put together a coordinated response from Europe in relation to these challenges. How can we do this without the Lisbon Treaty, though? It is not possible, surely. This is why ratification of the Lisbon Treaty is absolutely fundamental – ‘to be or not to be’ for the European Union, a serious response from the European Union in the current global order. President Barroso said that the EU institutions, and the European Commission, too, are not properly represented in the global financial architecture. This is yet further evidence of the need to ratify the Lisbon Treaty as soon as possible in those countries that have not yet done so. Another matter I would like to raise today is that the market is fine as long as it is a regulated market. A capitalist economy that bears the human factor in mind. This is a completely fundamental question. That, after all, was Europe’s response to the crisis of the early 20th century. Europe built up its strength precisely for that reason. One final matter – let us salvage the shipyard industry in Poland. I am addressing the European Commission on this – in view of the current crisis, what good to us are a further 100 000 unemployed?"@en1
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