Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-930"

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"en.20100922.20.3-930"2
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"The creation of structures that are capable of preventative intervention, sustained by permanent, carefully reasoned evaluation, should be a priority in the EU decision- and policy-making process in the current framework for responding to the current crisis, where it is imperative to ensure the efficiency of Union macro-prudential supervision of the financial system. Since the European Systemic Risk Board has the ability to monitor and assess the risks of the financial system in periods when it is considered to be functioning normally, it could be the guarantee of financial stability that is absolutely necessary for the real economy to develop, bringing growth, wealth and jobs. I would highlight the rapporteur’s concern to ensure a balanced and realistic proposal, through effective supervision, which will safeguard the financing of the economy, the single market and the interests and objectives of the EU."@en1

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