Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-05-Speech-3-436"
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"en.20100505.74.3-436"2
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"Mr President, what affects Greece affects us all, including those countries outside the euro area. What Europe needs today is to be united and to take forceful action, not further division. Therefore, Commissioner, it is most disappointing that 11 countries will not be present on Friday. It has been said that we have a common destiny in Europe, but unfortunately that is not the case right now.
Of course supervision of the financial markets needs to be increased and of course we need tougher legislation. That is something that, as a Liberal, I, too, can understand and accept, but it must be done in a balanced way and be coordinated at a global level.
Let us take forceful and aggressive action, if that should be necessary, but we must not act out of panic. We need to keep as cool a head as possible so that we do not do further damage to the economic recovery that, in spite of everything and in spite of the situation in Greece, is discernable.
When I heard Mr Bloom, I was really upset. He is not here now, but comparing the European Union with the Soviet Union is an insult to all those who suffered under Soviet tyranny and all those millions who died. I think Mr Bloom should apologise to all those people that he has insulted."@en1
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