Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-104-750"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-09-12"^^xsd:date2
dcterms:Is Part Of	lp_eu:State of the Union (debate)2
dcterms:Language	"lv"^^xsd:language2
lpv:document identification number	"en.20120912.4.3-104-750"2
lpv:hasSubsequent	lp_eu:2012-09-12-Speech-3-105-0002
lpv:speaker	lp:Sandra Kalniete2
lpv:spokenAs	member; EPP (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Turkey Joint Parliamentary Committee (2009-09-16--2014-06-30)3 unknown; Pilsoniskā Savienība (2009-07-14--2013-03-24)3 substitute; AGRI (2012-01-19--2014-06-30)3 vice-chair; Delegation for relations with Japan (2009-09-30--2014-06-30)3 member; IMCO (2012-01-19--2014-06-30)3
lpv:translated text	". I support many of the ideas expressed during the State of the European Union debate. It is particularly important to carry out the plan of establishing a European banking union and the single supervisory mechanism. The fact that banks operate transnationally but are guided by national laws has caused serious economic difficulties for us. I hope the implementation of this plan will not get stuck in the Council once again in verbose Member State discussions, and that the necessary decisions will be taken in the nearest future, allowing for swift establishment of an efficient banking supervisory mechanism. The activity in the financial markets over the past 24 hours shows that the euro has regained trust, and that gives us the time necessary to restore economic growth. Both the European Union institutions and the governments of the Member States must understand that decisive action is required. At the same time, I am doubtful whether all of the political forces elected into this august house understand the seriousness of the situation. Member States must take difficult and unpopular decisions that will lead to economic growth in the long term. Sustainable growth cannot be achieved without reforming the labour market and improving productivity in the Member States. These issues must be discussed and resolutely addressed; ignoring the problems only makes the situation worse. The reforms implemented by the Latvian government under the leadership of Prime Minister Valdis Dombrovskis set a great example for the other European countries. Mr Dombrovskis took the helm of the government at the deepest point of the crisis, implemented reforms, and today Latvia is experiencing the fastest economic growth in Europe."@en1

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