Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-102"
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"en.20100922.4.3-102"2
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"The European Parliament has always talked about the need for a single voice for Europe on the international stage. The uniquely European financial supervision package is one of the steps in this direction. With the package in place, Europe of the 27 would finally be able to work more coherently and with more solidarity within the framework of economic governance decisions taken at global level. More importantly, the only way that Europe can reduce systemic transnational risks and subsequently prevent or mitigate the negative impact of future financial crises is to have an integrated network that funnels and coordinates the expertise and efforts of actors of all levels to establish and maintain a sound, stable and transparent financial system. Such a system serves as a prime example of the accountability of Europe to its citizens. I support this package because I believe in the future of Europe – a Europe where our financial industry no longer needs to suffer from its own excesses, and where our citizens no longer need to suffer from the devastating, unnecessary consequences of preventable crises."@en1
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