Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-12-16-Speech-3-046"
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"en.20091216.3.3-046"2
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"Presidents, Minister, the Swedish Presidency has had what may be described as some historic moments: the entry into force of the Treaty of Lisbon, the appointments of the first President of the European Council and of the High Representative, but also the climate change conference and the appointment of a new Commission, as well as – please allow me this brief reference – the telecoms package.
These events have created hope. All things considered, however, there remain one or two mixed results. Firstly, our Parliament, being committed to the introduction of European supervision of the financial markets, welcomed the proposals made by Mr de Larosière’s group of wise men as a crucial step. However, the conclusions of the ECOFIN Council of 2 December are well below this realistic level of ambition.
I wish to mention at this point that Parliament will be sure to restore some balance to the proposals that have been referred to it, in order to make the financial markets more robust. The same applies to the financial commitments pledged to the countries of the South to help them combat climate change. Even though, in Copenhagen, poor countries require real commitments concerning long-term financing, the Council has only managed to pledge EUR 7.2 billion over three years. This is a first step, true, but it falls far short of the requirements, all the more so since part of it comes from a restructuring exercise.
Lastly, in the financial field, we welcome the will to impose rules and to act forcefully with regard to both supervision and taxation. I note in particular, in the Council conclusions, the reference to a global financial transaction levy. This is something for which we socialists have been hoping and praying for more than 10 years. There is still work to be done. Seeking out new financial resources to promote employment, solidarity within and outside Europe, and the financing of the fight against climate change, is a major challenge. As it will soon be Christmas, I invite the Council to give us a decision on own resources in the years to come."@en1
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