Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-18-Speech-2-334"
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"en.20081118.29.2-334"2
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".
Our first task is to restore confidence on the financial markets, in order to prevent a further deepening of the crisis. From this perspective, politics bears enormous responsibility.
Not only do we need rapid and confidence-building macro-solutions, but we need to prevent a similar financial crisis from occurring again.
All this is not simply a minor hurdle for blind capitalism, as we have heard it said in recent times, but rather a marvellous opportunity to bring about a much more effective as well as legitimate financial and supervisory regulation.
At last we can now humanise capitalism!
We must also be attentive to the fact that the crisis threatens not only banks and big business, but causes daily problems for citizens as well.
We need a sustainable solution for addressing the crisis, and if this means we have to reshape the world, then we will have to make it much more just, humane and rational.
There are regions in Europe where even before now life has seemed hopeless. Besides fixing the economy, we need to focus on concrete solutions for the most disadvantaged, that is to say, those who suffer and will suffer most from the effects of the crisis and who face the greatest economic and social hardships.
If we do not do this, the average person will survive the crisis and grow again, but we will entrench destitution for a long time."@en1
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