Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-048"

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"Mr President, it is only two years since the financial crisis broke out and only six months since the Greek issue, and we are seeing all willingness fading away in our nation states. Today, we have a clear message from the European Parliament in the Berès report and the Feio report. We need more current economic and financial policies. We need more Europe, and a better Stability and Growth Pact with its mechanisms strengthened. The most recent decision by the ECOFIN Council is a slap in the face for European citizens. This is not adequate. We need to strengthen the strategy for growth, so that in this environment, it is sustainable and socially responsible, and we need better governance mechanisms for EU 2020. We need more and better European economic governance for national actions to support this line, including the financial transaction tax that I urge the Commission to look at very carefully, including in a European context. We need a better and stronger united Europe speaking with one voice at global level. We need a better financial regulation and there is a long way still to go. To conclude, we need a Commission initiative. We need the Commission to act in the interests of European citizens, instead of a number of task forces."@en1
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