The speakers of the political Groups in Parliament’s Committee on Economic and Monetary Affairs, Burkhard Balz (EPP coordinator), Elisa Ferreira (S&D coordinator), Sylvie Goulard (ALDE coordinator), Sven Giegold (Greens coordinator), as well as the Parliament’s negotiators of CRD 4, Othmar Karas (rapporteur, EPP), Udo Bullmann (S&D) and Philippe Lamberts (Greens) and Roberto Gualtieri, Chair of the ECON committee stated that:<\/p>\n
“A large majority of Members of the European Parliament cannot accept that the Basel Committee puts into question the tools to finance the economy (especially SMEs and corporate).<\/p>\n
“Even if we are aware of the necessity of international cooperation, the European law is made by the European Parliament and the Council of Ministers.<\/p>\n
“The opinion of a body that is working without legitimacy and without any transparency cannot modify the decisions taken democratically by the European institutions.”<\/p>\n","protected":false},"excerpt":{"rendered":"
The speakers of the political Groups in Parliament’s Committee on Economic and Monetary Affairs, Burkhard Balz (EPP coordinator), Elisa Ferreira (S&D coordinator), Sylvie Goulard (ALDE coordinator), Sven Giegold (Greens coordinator), as well as the Parliament’s negotiators of CRD 4, Othmar Karas (rapporteur, EPP), Udo Bullmann (S&D) and Philippe Lamberts (Greens) and Roberto Gualtieri, Chair of […]<\/p>\n","protected":false},"author":8,"featured_media":36082,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-38817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n