Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-225-952"

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"en.20111013.19.4-225-952"2
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"The upcoming Council meeting is crucial for the future of the EU and should, once and for all, decisively point the way to addressing the severe economic and financial crisis plaguing the EU. I urge the Commission, along with the Group of the European People’s Party (Christian Democrats), to which I belong, to table a comprehensive plan with a clear road map setting out distinct stages for its implementation, with the utmost urgency. This plan should include a programme for recapitalising the banks, an EU programme for growth, investment and employment, the communitisation of the European Financial Stability Facility and the future European Stability Mechanism, ways of improving efforts to coordinate and harmonise the tax systems of the Member States, the proposal for a more robust mechanism for implementing the single market in the Member States, economic governance of the euro area based on the Community method, a report on setting up a system of common issuance of European sovereign bonds, and, lastly, proposals to complete financial market regulation and make the EU more resistant to future crises. It is also worth recalling the role of Parliament as an institution directly elected by the European public in terms of democratic legitimacy and accountability."@en1

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