Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-147-750"
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"en.20111013.19.4-147-750"2
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"The principal goal of this own-initiative report is the protection of the European consumer and the increased integration of the internal market. The text proposes a series of elements strengthening insurance guarantee schemes in Europe. The current context of economic, financial and budgetary crisis has demonstrated that public confidence in the financial system can easily be shaken if there is not an appropriate compensation process to remedy losses incurred by the public as consumers of financial products. I therefore believe, firstly, that these are appropriate and necessary measures that reinforce confidence in the insurance system and, therefore, in the entire European financial system in general. Secondly, I believe they represent another small step in the continuous process of European integration. We must not waver from this objective, even for a second, if we aspire to a Europe in peace that enjoys greater justice, prosperity and solidarity."@en1
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