Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-10-Speech-2-735-000"

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"Mr President, banks were once revered in Ireland. Now they are reviled, and there is no need to go into the reasons why. I am here to ask questions rather than give insights, and I have a number of questions. Firstly, do all banks have to be stress-tested? Secondly, can we be assured that the stress tests from now on will reflect the true position of banks? And thirdly, what authority does the European Banking Authority have to impose its authority on errant banks, banks that are over-exposed, banks behaving recklessly, and so on? Finally, Mr Gauzès referred to the need to rid ourselves of dependency on the rating agencies. How can this idyllic situation be brought about as soon as possible?"@en1
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