Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-136-625"
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"en.20121023.5.2-136-625"2
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"In recent weeks, many of us have been wondering whether the European leaders would take the specific steps required for the implementation of the lofty objectives that they set themselves at the start of the year. Swaying between gloating and sincere concern, almost everyone agreed on one thing: that there was an evident delay, an increasing lack of clarity and a feeling of a lack of political will. Today we can view matters with more optimism because a decisive step has been taken towards the introduction of a single banking supervisory mechanism. I am very pleased that its development was announced as a priority and that a deadline was fixed for reaching an agreement for its legislative framework, that is, 1 January 2013. There is no doubt now that the European banking union will be realised. Its new, stricter rules will give security to citizens and increase confidence in the markets. However, I must reiterate: the ease with which some leaders make references to the inevitability of splitting Europe into a ‘two-speed’ Europe is frightening. The European banking union and subsequent fiscal union will form the future not only of the eurozone countries but of the entire EU, and their success will depend on everybody, not just the countries that are directly involved in the euro crisis today."@en1
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