Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-30-Speech-3-228-000"

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"en.20111130.19.3-228-000"2
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"Mr President, I would like to express my thanks to you for giving me the opportunity to speak about this important issue – the euro. There is a great onus on the leaders of Europe to act decisively so as to prevent the collapse of the euro. The consequence of the breakup of the euro for ordinary citizens, for cross-border trade, for commerce, is too horrendous to contemplate. Many hardworking citizens throughout Europe and in my own country are fearful and concerned for their savings built over many years. The global financial and banking system is built on trust. This involves the trust and the confidence of the markets, and more importantly of the ordinary people. EU leaders must restore and rebuild that trust by acting in a resolute fashion to ensure an immediate firewall that will protect the euro. The crisis is bigger than any country – or indeed the Union – as was highlighted by today’s coordinated and welcome move by the US Federal Reserve, the ECB, the Bank of Japan and other central banks. Of course I welcome the decision taken yesterday by euro zone Finance Ministers to approve a payment of EUR 2.5 [billion] to Ireland…"@en1
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