Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-07-Speech-2-254-000"

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"Firstly, Mrs Figueiredo, in relation to issues of global financial regulation, as you know, since the G20 was established as the principal economic forum for global governance in financial matters, it is the G20 that is given precedence on these issues. Some of these points have been addressed to a certain extent. I myself … I can tell you … I launched the debate at the G8 about a financial transactions tax, when we were also discussing the problem of development aid, and my position is clearly in favour of this tax. We are working on this in the Commission and will table some ideas very soon. As for the general issue you raised, the situation of the euro area was also discussed. Here, we may have completely different points of view. We believe that without budgetary consolidation and structural reforms, there will be no chance to promote our objective: a social market economy."@en1
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