Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-422-937"

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"en.20111025.25.2-422-937"2
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"Over recent decades, there has been global economic growth, with the purchasing power of the citizens of more developed countries increasing. Recently, Europe and the US have been faced with an economic and financial crisis resulting from unsustainable macro-economic imbalances, and they must react rapidly and promptly. Having voted for the ‘six-pack’ on economic governance tabled by Parliament, I am once again voting for the suggestions made in this report, which consist of strengthening global economic governance, and of reforming the international monetary and financial system, as well as its institutions. I also advocate a global understanding and the adoption of common measures by the Member States in the area of monetary policy, international trade and the sustainability of public finances, consolidating the opening up of markets, and strengthening financial regulation and banking supervision. Finally, I believe there must be greater cooperation between public and private authorities, and a commitment to stronger economic governance in the EU, in order to avoid another crisis in the years to come."@en1

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