Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-04-22-Speech-3-070"

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"en.20090422.5.3-070"2
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"Mr President, Commissioner, I wholeheartedly support Mrs Berès’s report, and I note that the very fact that we already have the G20 instead of the G8 is a considerable step forward. I believe that the positions adopted in London, especially by the Europeans, are reasonable, but we must not stop there. It is not just a question of being able to monitor the markets and hedge funds better, or of supporting our balances of payments and the economy with billion-dollar cash injections. The international monetary system is not working properly because we do not know exactly how much goods and services cost in the various countries. We therefore need to go further and to give thought to the idea of introducing an international currency or, at the very least, of creating a common political system bringing together a few main currencies. China, Russia, many developing countries, but also the new members of the Union – we all need stability and ground rules. However, Commissioner, that also depends on us, the Union."@en1
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