Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-23-Speech-2-478"
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"en.20101123.38.2-478"2
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"Mr President, Commissioner, as the coordinator of the Group of the European People’s Party (Christian Democrats) within the Committee on Economic and Monetary Affairs, I should like to emphasise two points in your programme.
Firstly, strengthening economic governance and initiating the European Semester. We were pleased to welcome the package on economic governance. Achieving this target is critical. In this respect, our group would like to see effective and binding measures that go further than what is being proposed. It is also necessary for Parliament to be truly involved in finalising the processes envisaged and in their implementation. Legal bases should be found to prevent the treaties from being substantially amended, which would only slow down the implementation of measures that must be taken.
The second point concerns the continuation of the work on financial regulation. The projects are on the table, or will be soon. 2011 will be a decisive year. We appreciate Commissioner Barnier’s pro-activeness. In 2010, Parliament showed its determination in adopting the supervision package, the directive on alternative investment fund managers and, in all likelihood by the end of the year, the regulation that will set up the European supervision of credit rating agencies. We want to continue on the path of a pragmatic, intelligent and effective regulation. That is what we are expecting from the Commission today."@en1
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