Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-935"

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"en.20100922.20.3-935"2
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"The recent economic crisis has raised many questions, which we urgently need to answer, and has shown that although the European Union does have numerous economic policy coordination instruments, hitherto, they have not been used fully and the existing management system has significant gaps. The creation of the European Systemic Risk Board is an important innovation because, up until now, no one has undertaken a macro-economic analysis, at European level, whose primary goal is to evaluate systemic risks. Close cooperation between the ESRB and those who possess the relevant information (national supervisors and the European authorities responsible for each sector) is the basis for creating coherent ‘macro-micro’ supervision."@en1

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