Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-913"

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"en.20100922.20.3-913"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 for strengthening the powers of integrated supervisory structures at European level. National sovereignty is increasingly dependent on supranational intervention through Union structures, which have resources and powers that enable them to act and set out strategies outside the influence of isolated national desires and needs. I therefore reiterate my support for consolidating the powers of the European structures charged with acting and supervising activities in Europe’s various 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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