Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-07-Speech-2-043"

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"en.20100907.4.2-043"2
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"Most Member States are facing deficit- and debt-related problems. Legislative proposals have been drawn up at European level. These proposals need to be finalised and implemented. Only a common financial policy and European economic governance can resolve the current situation. I hope that the new legislation will make the banking system share not only in the profits, but also in development and in assuming economic risk. The future budget must take into account the current situation, but not with budget reduction in mind. Viable means need to be found to ensure that money is spent efficiently at national and European level. The value and distribution of the budget must be based on the requirements of the common agricultural, cohesion, energy and climate change policies. You mentioned that there is a shortage of millions of jobs in Europe. The current budget has some unspent resources. These resources need to be reallocated to areas which create jobs. On the other hand, Member States must have the option to transfer funds from areas where there is insufficient demand to areas where applications have exceeded the resources allocated. Some time ago, I found my office cabinet broken into in this very Parliament. I did not think that this was a problem to do with a particular region or people. I thought it was down to someone who needed to be found and punished."@en1
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