Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-10-Speech-3-062"
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"en.20101110.14.3-062"2
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"Mr President, no one can seriously give an assurance, in this House, that the measures taken on both sides of the Atlantic will prevent a future financial crisis. This issue must, therefore, be put back on the agenda, and we must go further with regard to supervision, banks’ equity capital, prohibition of certain financial products and the fight against tax havens.
My second point is that everyone can see that we are completely interdependent in terms of finance, economy and currency. That is why any decision taken unilaterally, without consultation, is not going in the right direction. I am, of course, thinking about the European Development Fund’s (EDF) action a few days ago. We have to move forward together in order to reform, for example, the international monetary system.
We also have to take action together to make international institutions more balanced, more transparent and more democratic. If we want Europe’s voice to be heard on the major issues, however, it really has to take the initiative and to speak with one voice. That is what we will demonstrate in a few hours, for example, at the G20 summit; at least, I very much hope so."@en1
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