Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-06-Speech-1-082-000"
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"en.20110606.17.1-082-000"2
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"Whoever the next Managing Director of the IMF is, he or she will have a huge task. The coming years are likely to be dominated by major international financial and economic governance reforms. There are many excellent candidates, and I hope the selection is based on merit, not politics. The reality is that the EU punches below its weight at global level, be it at the G20, IMF or WTO. It does not speak with one coherent voice, but with many voices. This is a serious shortcoming that particularly affects smaller Member States, who lack the diplomatic muscle of the larger nations. Provided policy positions were agreed transparently and democratically, we would benefit from the EU playing a more active role in reshaping the international monetary and financial system. The Committee on Economic Affairs is currently working on a report on global economic governance, which I hope will lead to Commission proposals on improvements to the EU’s external representation in this field. The EU is an economic bloc representing over 450 million people, with a currency that is the world’s second international reserve currency. But if we do not take it seriously, neither will the rest of the world."@en1
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The resource appears as object in 2 triples