Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-24-Speech-3-087"
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"en.20101124.7.3-087"2
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"Mr President, I believe that I have one minute if what I have been told is correct.
President-in-Office of the Belgian Presidency, President of the Commission, ladies and gentlemen, I should first like to say, Minister, how much I appreciated your lucid assessment of the latest G20 and how supportive I am of your proposals for the future.
I think it really must be said that the results have been fairly poor, even though Basel III and the IMF reform were approved. We can only hope, like the President of the Commission, that the Seoul summit paves the way for the implementation of the French Presidency’s ambitious proposals, which are justified by immediate need and the ongoing difficult circumstances. The European Union will need to be consistent if it is to carry the weight it deserves.
Concrete results are essential, and I agree with you, President of the Commission, when you say that our fellow citizens are expecting action and not mere words or statements. The globalisation of the economy and finance require us to make real progress in the international harmonisation of regulations. Markets react much quicker than politicians. Europe must not be naive and must ensure that there is reciprocity."@en1
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