Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-409-625"
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"en.20111025.25.2-409-625"2
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"I voted in favour of this important resolution on global economic governance and I support the position of the rapporteur that global imbalances constitute a potential threat to financial and macro-economic stability. Therefore, global economic governance has to be reformed in order to help rebalance the world economy and avoid another slump.
We, Members of the European Parliament, supported the need for a global understanding and a common approach in relation to monetary policy, international trade, sustainable public finances and flexible currencies, on the basis of economic fundamentals. The global economy should be characterised by open markets, in which high social and environmental standards are vital, and the International Monetary Fund and the World Trade Organisation should play a core role. Alongside the completion of the single market, the economic governance framework in the EU must be strengthened."@en1
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