Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-08-Speech-1-209"

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"Mr President, I, like many of my colleagues, got up this morning at four o’clock to come here, but I am very pleased that I have waited until the end of the discussion here tonight, because these last two topics which we have discussed have filled me with great hope. Saving EUR 6.5 billion, basically by a wave of our hand, is a very significant fact. On the one hand, one can say that it proves what many critics have said, that the European Union is far too bureaucratic, but at least we have the integrity and the guts to face up to the fact and take corrective action – unlike the banks, which have so far shown no culpability and no remorse for their actions. However, it also shows that there is much more red tape that we need to get the scissors to in order to meet the 25% target, and the sooner we do it the better."@en1
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