Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-09-Speech-2-035"

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"en.20100209.4.2-035"2
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"Mr President, I would like to ask Dr Barroso about the meaning of responsibility in the light of the events which placed the euro under attack from speculators. This afternoon, we shall discuss in more depth the reasons behind this event, but for now, I should like to focus on the statements by Joaquín Almunia because it was these that provoked the immediate increase in international credit market spreads and interest rates for Portugal and Spain, which further weakened the position of the euro itself last week. There is no point in telling me that Joaquín Almunia did not say what he did. Whatever it was that the journalists heard was also what the speculators heard, and they lost no time in acting. President Barroso, the role of a commissioner is not to pour petrol onto the fire. This House cannot give its approval to someone who, at the critical moment, was not up to the job. That is the first problem, and the second is one of signals. In the light of the attack on the Greek, Spanish and Portuguese public debts, what have the European institutions done through to now? Mr Trichet has confined himself to saying that no state should be able to rely on special treatment, when the message ought to be the exact opposite: that is, to say to speculators that we shall not be divided, because this is a Europe of solidarity. This is the political question that has arisen and it is for this reason that we expect serious replies given what has happened with the statements by your candidate for commissioner."@en1
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