Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-03-Speech-4-480-000"

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"en.20110203.25.4-480-000"2
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"If there was a lesson to be learnt from the recent crisis, it was that we need to reform the institutional supervisory structure by creating European agencies and, with this, reformulate the entire concept of macro and micro-economic supervision. It is this that gives rise to the European Banking Authority. Confidence in banks having been dealt a severe blow by the global financial crisis, it is important for the markets, and Europeans in general, to start trusting the solidity and robustness of the banking institutions again and, in particular, regain confidence in the supervisory bodies. This is why the role reserved for this new European Banking Authority is so critical for the future. That is why I am voting in favour of the choice of Mr Andrea Enria as the first Chair of the European Banking Authority, in the hope of an active, attentive and successful mandate."@en1

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