The six and two pack arrangements are meant to ensure that Eurozone guidelines are being observed, They provide a calibrated and measured approach by which to assess economic and financial outcomes. However there is no unified central directing function within the Eurozone project. One must query whether the assurance that we have (about the respect
Are you satisfied with the architecture of the banking union and specifically with the powers and competencies of the Resolution Mechanism? Don’t you feel that they have been dictated too much by political compromises? For instance the competence of your organization to intervene is drastically restricted in Germany as contrasted to other countries like France,
Question: Thank you Madame Chairman. 70% of European SMEs do business only in their national markets. Investment programmes at EU level do not really effect their operating environment certainly not in the short to medium term. What they need is the stimulus of expansion of the national markets over the short term. Yet fiscal consolidation
QUESTIONS: a) Mr Commissioner, On the one hand, we state that Europe needs to reverse the decline of investment that has happened in recent years and needs to bolster both public and private investment. Meanwhile, the two pack and six pack arrangements focus on the need to curtail budget deficits and eventually reach a balance
Those of us who are equally the friends of Jews and Palestinians must again today condemn the recent attacks on Israeli churchgoers and balance this with disapproval of Israeli policies towards the Palestinians. Our declarations have little to no impact. Outsiders – Americans, Russians, jihadists, Europeans – cannot make peace happen in Israel and Palestine. Only, the
Let me start by expressing my admiration for the way by which you have balanced the contradictory political calls on the decisions you needed to take. You took them with determination and clarity. You have no elective political responsibilities, neither national nor European. Yet you are called to take decisions that have huge political repercussions
