Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-21-Speech-2-584"
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"en.20100921.20.2-584"2
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"Madam President, I think the two words that are most pertinent to the discussion here this evening are flexibility and added value. If we can get those two, then we will be making some progress.
Obviously, there are huge challenges, particularly if we are to meet the targets of the 2020 strategy, and for that reason, an awful lot of work has to be done. Nevertheless, there are some great opportunities. One, the Lisbon Treaty gives us an opportunity to make our mark on the world stage through the EAS, which we have not been able to do in the past. That has to be factored in.
Also, the new banking and insurance authorities are absolutely vital if we are to make our mark within Europe, learn from the lessons of the recession, and bring some control to a place where there was absolute mayhem.
There is one thing I would appeal for, though, and that is that when we are making our financial packages for these institutions, we resist any temptation to factor in bonuses for these situations. They have been the root of all evil, and a person looking for a bonus should be asked one question: ‘what would you not be doing in your job if you were not getting a bonus?’"@en1
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