Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-06-Speech-1-074-000"

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"en.20110606.17.1-074-000"2
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". Madam President, Commissioner, like everyone else in this House, I am not disregarding the method used to select the future Managing Director of the International Monetary Fund, but what matters most to the people is knowing what new role that international institution plans to carry out in order to help end today’s serious economic, financial, budgetary and monetary crises. The International Monetary Fund needs to become much more democratic and focused on human development, education and employment. The United States’ blocking minority should, in my view, be lifted. The voting rights of emerging countries should be significantly increased. The IMF should be a tool against speculation, which is suffocating populations today, an effective tool for stabilising agricultural and commodities markets, in order to combat the tax havens that people often talk about. Instead of a currency war, the IMF should launch a major new project: that of a common world currency for cooperation instead of a war of economics and competition. That is what we should be discussing as a matter of priority, so that people’s quality of life improves and bankers stop enriching themselves by plundering nations."@en1
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