Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-055"

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"Mr President, Commissioner, I should like to start by thanking Mr Feio for his cooperative efforts and the spirit of compromise with which he has imbued his report. However, the conclusion that we reached was that on certain issues – and this also happened with financial supervision – Parliament is able to unite and take up a strong position in defence of the public interest, and that this strong position has to be acknowledged by the Commission and the Council. This issue is particularly relevant at a time of launching a legislative package of six proposals which are extraordinarily sensitive and on which Parliament has codecision powers. We will be equally active, but without concessions. Our spirit is one of dialogue, but not of going beyond the objectives that we intend to defend. Mr Feio underlines some aspects that are related to this issue in his report. One of these is that economic governance is more than just a set of penalties. Growth and employment need their own initiatives. Initiatives are needed to combat the growing internal divergences in the European Union. Specific proposals are needed on the European Monetary Fund. Stable solutions are needed for sovereign debt. We are at a point when confidence depends on the ability of the Commission and the Council to respond to the public’s real anxieties, and those are unemployment, growth and cohesion."@en1
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