Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-23-Speech-3-021"

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"Mr President, Mr Van Rompuy, ladies and gentlemen, first of all, I would like to say that I was rather disturbed to hear you emphasising how normal last week’s summit was. This is simply a continuation of the misguided approach taken last week. We should not pretend to ourselves that we have achieved a state of normality in European cooperation when a summit is limited to six hours to prevent the euro from being brought to the brink of collapse by someone saying the wrong word or the wrong sentence. This was the message going around the corridors of the Council building. It should not be your job to pull the wool over our eyes in the current situation. We can see clearly enough to know what is happening. Mr Verhofstadt has already said that European economic governance is not making good progress and that this is obvious from certain points. I would like to reinforce his view. The financial supervisory body and the de Larosière report have been mentioned. Mr Barroso, Mr Van Rompuy, what do you think about the fact that after a year of debating, we have agreed on a supervisory body, but the Council is now absolutely refusing to give that body powers to intervene? It is simply absurd for this to be introduced in the Member States. This is an area where we expect more from you, particularly as we are giving you support here on a European level. We could continue the debate on the regulations that the European Parliament would like to put in place, such as the ban on risky products which are traded on the financial markets, at least during the temporary suspension of trading. We could discuss further what should happen about hedge funds and tax havens. We could talk about managers’ salaries and the crazy bonuses that are being paid. Trialogue meetings are currently taking place on all these subjects and, in all the areas relating to the supervision of the financial markets, progress is being blocked, either by the Council or by the Council and the Commission acting together. Mr Barroso, you have thanked us in Parliament for giving you such unanimous support last week. I believe that Parliament’s commitment to the community method is right, but when I look again at what is happening with the financial transaction tax, I would really like to believe that it will be implemented during the G20 summit. I would really like to believe that. I will be interested to hear what you bring back from Toronto. If you come back and fail to deliver, Mr Barroso, then you must make sure that the Commissioner responsible – and there is allegedly a single European position on this, because Mr Juncker has told us this repeatedly and it was also referred to during the summit – finally establishes a proper model for the introduction of the financial transaction tax in the euro area. It will be possible to do this and if you do not, you will once again have used a summit simply to waste the time of the general public in Europe with regard to this valuable tool. Common policy is not doing well in this area. What is happening about the Europe 2020 strategy? When we look at Greece and Spain, it becomes clear that a common strategy with guidelines for achieving sustainable development and growth would be a good thing. What do we actually have now? We have nicer words than those in the Lisbon Strategy, but despite the nicer words, such as sustainable development, which it is no longer possible to say often enough here, we do not have any of the instruments or the money, just as in the Lisbon Strategy. As a member of the Group of the Greens/European Free Alliance, it is particularly obvious to me that there is still a complete lack of awareness of the fact that resource efficiency, energy efficiency and an ambitious approach to climate change can and must be the drivers of innovation. Everyone in Germany is celebrating the recovery in the automotive industry at the moment, because the Chinese are buying large numbers of high-performance gas guzzlers from Germany. This is happening against the background of the oil disaster and the predictable failure of Cancún. Goodness me, it seems that no one in Europe has yet really understood what sustainable development means!"@en1
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