Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-05-Speech-3-569"
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"en.20100505.77.3-569"2
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"Mr President, history has shown us that crises can generate progress. Under pressure, new ideas can emerge, creating innovative mechanisms in order to induce development and avoid the errors that led to the crisis.
I would like to highlight two such ideas that could result in meaningful instruments. If we want the EU to remain a relevant global player, a European monetary fund and a European rating agency should be created. Despite the major institutional effort needed, it is still an exercise worth undertaking if we consider our long-term interest. We can all bet on the fact that the future will bring new crises.
The European social market economy and the common currency are cornerstones of the world economy and the global financial system. The establishment of a ‘European IMF’ could enforce the Stability and Growth Pact, and the European rating agency would make its assessments based upon a true understanding of European economies. Both ideas should be debated seriously, and, in my opinion, the positive decision would be the wise one."@en1
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"Iuliu Winkler (PPE ). -"1
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The resource appears as object in 2 triples