Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-09-Speech-2-206"

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"en.20100209.13.2-206"2
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"Madam President, President, Commissioner, like Mrs Wortmann-Kool before me, I am, of course, going to tell you that we approve of the positions adopted by the Commission to deal with the current situation in Greece. As regards the Spanish Presidency, we are pleased to note the objective that you are setting yourself to improve the coordination of economic policies. This strong political will must also be applied in order to see through two current and important projects: the structuring of a genuine form of financial supervision and the regulation of hedge funds. True, Europe must not be a fortress, but nor must it be a sieve. In both these areas, the Presidency really must have room to manoeuvre so that it can negotiate productively with Parliament. We expect the Council, at its next meeting, to send out a strong signal to the public and to the market: to the public to restore confidence in the euro, and to the market to show its solidarity with Greece. The Council must give a strong indication that it will not let itself be overawed by the attempts to destabilise the euro made by certain speculators who have no hesitation in speculating against those Member States that are currently facing economic and social difficulties."@en1
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