Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-09-16-Speech-3-035"

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"en.20090916.4.3-035"2
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"In my opinion, what you have presented here is a rather ambitious plan, which you want to present to the G20. I am concerned, however, as to what the conclusions of the G20 will be and what the real effects will be on society, since the results that have filtered through at the level of EU Member States are so far neither tangible nor visible. Mrs Malmström was saying that the issue is one of proportionate levels of pay for managers, but it must be said that all of the data indicates that it is precisely in those sectors which we supported financially and which we protected from ruin that managers receive disproportionate levels of pay. In addition, nothing has happened with offshore banking - the mechanism has simply not been brought into play. All of this leads to mounting unemployment and problems for small and medium-sized enterprises and, in my opinion, we should perhaps focus on fewer issues in the future while ensuring that those issues we do focus on are implemented in full."@en1
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