Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-928"

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"en.20100707.23.3-928"2
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"As is now clear due to the consequences of the current economic and financial crisis, the continued success of the European integration process is absolutely dependent on its ability to find solutions to strengthen integrated structures for intervention in the field of supervision at European level. National sovereignty is increasingly dependent on supranational intervention through Union structures, which have resources and skills that can act and devise strategies outside the influence of national, isolated wishes and needs. I therefore reiterate my support for consolidating the powers of the European structures which are charged with running and supervising activity in the different European financial sectors, as is the case with the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority."@en1

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