Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-10-Speech-2-742-000"

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"It is interesting that after the failure of the stress test the press was flooded by false success reports even last year – obviously this was also due to the machinations of the European Commission. And now not just us, but everybody from the liberals to the PPE demand an explanation for the failure. They, however, are seeking a solution in false answers, for example in the form of additional governmental capital injections pumped into banks or in further Brussels centralisation. But the actual reason for the failure is precisely that the Brussels bureaucracy is simply not able to assist us efficiently in most of fields of our lives. So after the fiasco they should not want to withdraw further licences from Member States and waste billions of euros on establishing further mammoth authorities; instead, they should admit that Europe cannot exist as the United States of Europe, and the more power is given to Brussels, the more efficiency will decrease."@en1

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