Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-10-09-Speech-4-283"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-10-09"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20081009.25.4-283"2
lpv:hasSubsequent	lp_eu:2008-10-09-Speech-4-2842
lpv:speaker	lp:José Albino Silva Peneda2
lpv:spokenAs	member; Delegation for relations with the Maghreb countries and the Arab Maghreb Union (including Libya) (2007-03-14--2009-07-13)3 member; EPP-ED (2004-07-20--2009-07-13)3 substitute; BUDG (2007-01-31--2009-07-13)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2004-10-12--2009-07-13)3 unknown; Partido Social Democrata (2007-11-23--2009-07-13)3 substitute; Delegation for relations with the countries of Central America (2007-03-14--2009-07-13)3 member; EMPL (2007-01-31--2009-07-13)3
lpv:translated text	". − The European Union is facing a crisis of confidence caused by a lack of direction, transparency, leadership and power among the European institutions. There is a lack of direction because no one yet has any clear idea how to end this crisis. There is a lack of transparency because the financial markets have proved to be more opaque than was thought. There is a lack of leadership because, whilst the US has managed to convey an image of pragmatism, showing that it will not lose control of the situation, Europe has conveyed an image of disorder and even contradiction. There is a lack of power because each Member State is still doing as it likes. As yet no common figure for the deposit guarantee has been set. If the Member States that share the single currency are unable to put into practice supranational aid mechanisms, then we are facing a situation that could be devastating for the euro itself. This exceptional and global situation requires exceptional and global responses and, in particular, urgent responses. This crisis of confidence will only be overcome through urgent and concerted action. The European Parliament is doing its job. I hope that the Council will be up to the situation, which is, after all, an emergency."@en1

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