What is the role of EuropeIt is essential

How do you consider the results of the Brussels Summit and what to expect from Washington

Twenty-seven found a common basis, including on the role of the IMF, for the first step in a process that will open in Washington and will be necessarily long. For the current crisis, should be reforms in each country in coordinating at European and international levels. Not to mention that this was was provoked by an appetite without limit in the financial markets for the lure of gain, but also by global imbalances. Advance, it must address these imbalances by finding common responses.

What is the role of Europe

It is essential. The election of Obama is very good news, but it must first deal with the situation in the United States. And the problems of the Americans are not ours. The European Union must contribute to solving the problems that we have in common. And I blame Nicolas Sarkozy, when he participated in the G4 of January in London, with Gordon Brown signed a joint communiqué shadowing the need for a common European response.

But he is caught up since

The meeting of the Eurogroup Summit was necessary and has led to concrete results. But the failure of the G4 in October has been a catastrophe caused by our failure to speak with the Germany. Therefore, the first reflex of this country is to say "no" to the France considering that any European response would require him to pay. The Franco-German relationship will never of itself. It is based on a well understood mutual interest. It is not a work of seduction bling-bling! Do not favour this relationship may we order him to pay the price hard while the horror of this crisis, what are its economic and social consequences. The less responsible will be the first and most lastingly affected. To avoid such a shock, we need the same mobilization to help the banks, which were able to obtain plans without consideration. This requires a close cooperation with the Germany. But it is only today rider: she has just adopted a recovery plan without real European cooperation, at the risk of national actions to neutralize. I also criticized Nicolas Sarkozy to not be addressed these issues before the crisis, that it knew was to strengthen the supervision and put order in financial markets.

Is the European Commission not also a share of responsibility

I do not understand that the French have not yet discovered which is Charlie McCreevy, European Commissioner for the internal market. This former Irish Finance Minister always objected to any regulation. In March 2008, he even preferred attend horse races in the United Kingdom while I had organized a debate in plenary of the European Parliament to prepare the European Council of April which focused exclusively on financial issues! The President of the Commission, José Manuel Barroso, is never concerned these issues. Except when he felt the wind of the bullet in its two main "electoral districts", the Germany and the France, and then when he discovered in September that criticism against McCreevy were to achieve and, at the time, launched the "group of Larosière" by, at the same time confirm the right of the European Parliament, the EPP, as candidate for his own succession. It is a very political animal who theorized a new doctrine of the role of the Commission and its President: be the SAP of European action, it is the Secretariat of the Council, and therefore States.