CUPRINS

Introducere ........................................................................................17

Discursuri n plenar ........................................................................19

a) Criza financiar ....................................................................19

Situaia sistemului financiar mondial i efectele sale

asupra economiei ....................................................................19

Fondurile speculative i fondurile de investiii cu capital

privat Transparena investitorilor instituionali ...................20

Aciunile ulterioare procesului Lamfalussy o viitoare

structur de supraveghere (dezbatere) ....................................20

Aciunile ulterioare procesului Lamfalussy o viitoare

structur de supraveghere (vot) ..............................................23

Reuniunea Consiliului European (15-16 octombrie 2008) .....24

Rspunsul Uniunii Europene la criza financiar mondial:

urmarea Consiliului European din 7 noiembrie i a

Summit-ului G20 din 15 noiembrie 2008 Programul

legislativ i de lucru al Comisiei pentru 2009 ........................24

Viitoarea arhitectur mondial a pieelor financiare i

adoptarea unui plan de redresare economic la nivelul UE ...25

Proiect de buget general 2009, modificat de Consiliu

(toate seciunile) .....................................................................26

6 Cuprins

Pregtirea Consiliului European (19-20 martie 2009)

Planul european de relansare economic Liniile

directoare ale politicilor de ocupare a forei de munc

ale statelor membre Politica de coeziune: investiii n

economia real .......................................................................27

Ageniile de rating Cerine de raportare n cazul

fuziunilor i divizrilor Asigurri i reasigurri

(Solvency II) ...........................................................................28

b) Alte chestiuni economice .....................................................29

Al patrulea raport privind coeziunea Monitorizarea

Agendei teritoriale i a Cartei de la Leipzig Spre un

program european de aciune pentru dezvoltare spaial

i coeziunea teritorial ............................................................29

Pregtirea Consiliului European

(Bruxelles, 13 i 14 martie 2008) ...........................................30

Spre o reform a Organizaiei Mondiale a Comerului ..........31

Raportul anual al BCE pentru 2007 .......................................31

Suspendarea Rundei Doha a Organizaiei Mondiale a

Comerului ..............................................................................33

Furnizarea de gaz din Rusia pentru Ucraina i UE ................33

Articole ..............................................................................................35

Ce ne nva aceast criz financiar (Europes World,vara 2007) ..............................................................................35

Ar fi trebuit s se nvee din crizele anterioare (EuropeanVoice, 27 septembrie 2008) ....................................................37

Keynes, nu Marx, revine (European Voice, 21 octombrie2008) ......................................................................................41

Ct de deschise pot fi economiile naionale (EuropeanVoice, 4 decembrie 2008) .......................................................45

Ctre zona euro: un catch 22 (European Voice,19 ianuarie 2008) ...................................................................49

Cuprins 7

Crpeala ar fi o greeal de neiertat (European Voice,martie 2009) ...........................................................................52

Dac sunt prea mari pentru a fi lsate s moar,

atunci divizai-le! (European Voice, 7 mai 2009) ..................54

Pieele financiare nu ne pot guverna ...............................................59

Aciunile ulterioare procesului Lamfalussy o viitoarestructur de supraveghere. Rezoluia ParlamentuluiEuropean din 9 octombrie 2008 coninnd recomandrictre Comisie privind urmrirea rezultatelor procesuluiLamfalussy: o viitoare structur de supraveghere(2008/2148(INI)) ................................................................................65

ntrebri adresate Consiliului i Comisiei ......................................83 Evaziunea fiscal (ntrebare oral adresat Consiliului

cu ocazia edinei plenare din aprilie 2008, redactat la6 martie 2008) ........................................................................83

Politica Agrar Comun i pmntul ca elemente

strategice (ntrebare oral adresat Comisiei cu ocaziaedinei plenare din aprilie 2008, redactat la 13 martie2008) ......................................................................................84

Implicaiile unei posibile preluri a companiei MOL de

ctre OMV (ntrebare scris adresat Comisiei, 13martie 2008) ...........................................................................84

Implicarea puterilor globale emergente n gestionarea

problemelor internaionale (ntrebare scris adresatComisiei, 10 iulie 2008) .........................................................85

Deteriorarea situaiei economice nu trebuie s conduc la

erodarea valorilor i instituiilor democraiei (ntrebarescris adresat Comisiei, 11 iulie 2008) ................................86

Eecul rundei de negocieri Doha trebuie contracarat

(ntrebare scris adresat Comisiei, 16 septembrie 2008) ....87

8 Cuprins

Nu ignorai economiile emergente din UE! (ntrebarescris adresat Comisiei, 24 octombrie 2008) .......................87

Interzicerea vnzrii de moned n scop speculativ (short

selling) ca posibil opiune (ntrebare scris adresatComisiei, 18 December 2008) ................................................88

Ameliorarea bonitii (credit enhancement) pentru

Noile State Membre (ntrebare scris adresat Comisiei,18 decembrie 2008) ................................................................89

CONTENTS

Introduction ..............................................................................95

I. Speeches in Plenary ..................................................................97a) Financial Crisis .....................................................................97

Situation of the world financial system and its

consequences on the European markets .................................97

Hedge funds and private equity transparency of

institutional investors .............................................................98

Lamfalussy follow up Future Structure of Supervision ......98

European Council meeting (15-16 October 2008) ...............101

EU response to the world financial crisis: follow-up of

the informal European Council from 7 November and of

the G20 Summit from 15 November 2008

Commissions legislative and work programme for 2009 ...101

Future global architecture of financial markets and

EU economic recovery plan .................................................102

Draft general budget 2009 as modified by the Council

(all sections) .........................................................................103

Preparation of the European Council (19-20 March

2008) European Economic Recovery Plan

Guidelines for the Member States employment policies

Cohesion Policy: investing in the real economy ..................104

Credit Rating Agencies Reporting and documentation

requirements in the case of merger and divisions

Insurance and reinsurance (Solvency II) ..............................105

10 Contents

b) Other Economic Issues ......................................................105

4th report on economic and social cohesion

Territorial Agenda and the Leipzig Charter .........................105

Preparation of the European Council

(Brussels, 13-14 March 2008) ..............................................106

Towards a reform of the World Trade Organisation ............107

The European Central Bank Annual Report 2007................108

Suspension of the WTO Doha round ...................................109

Gas supplies by Russia to Ukraine and the EU ....................109

II. Articles ........................................................................................111 What the EU must do to overhaul its economic

policymaking (Europes World, summer 2007) ...................111

Better regulation a must for financial markets

(European Voice, 31 January 2008) ....................................115

Dealing with a clash of capitalisms (European Voice,14 April 2008; La Tribune, 8 September 2008) ...................117

What this financial crisis teaches us (European Voice,9 May 2008) .........................................................................120

The Calculation Debate revisited (European Voice,13 June 2008) .......................................................................123

Blush, but not too deeply (European Voice, 14 August2008) ....................................................................................126

Capitalisms uncertain future (New Europe, 15 September2008) ....................................................................................128

Purging the toxins (European Voice, 27 September2008) ....................................................................................130

More than a financial crisis (Southeast European Times,29 September 2008) ..............................................................134

Keynes, not Marx, is back (European Voice, 21 October2008) ....................................................................................136

Contents 11

The limits of openness (European Voice, 4 December2008) ....................................................................................140

The one-corner solution (European Voice, 19 January2009) ....................................................................................144

Euro adoption: The NMSs are in a catch-22 situation

(Europes World, 20 January 2009) ....................................147

Making financial systems add up (European Voice,5 March 2009) ......................................................................150

If they are too big to fail, then split them up

(European Voice, 7 May 2009) ............................................152

III. Financial markets can not govern us .....................................155

IV. European Parliament resolution of 9 October 2008with recommendations to the Commission onLamfalussy follow-up: future structure of supervision(2008/2148(INI)) ......................................................................161

V. Questions to the Council and the Commission ........................177

Tax evasion (Oral question to the Council for QuestionTime at the part-session in April 2008, 6 March 2008) .......177

CAP and land as a strategic asset (Oral question to theCommission for Question Time at the part-session inApril 2008, 13 March 2008) .................................................177

Implications of possible takeover of the MOL company

by OMV (Written question to the Commission, 13 March2008) ....................................................................................178

Involvement of emerging world powers in dealing with

international problems (Written question to theCommission, 10 July 2008) ..................................................179

Deteriorating economic conditions must not lead to the

erosion of democracys values and institutions (Writtenquestion to the Commission, 11 July 2008) ..........................180

12 Contents

The Doha trade round failure needs to be counteracted

(Written question to the Commission, 16 September2008) ....................................................................................180

Do not leave EU emerging economies in the dark!

(Written question to the Commission, 24 October 2008) .....181

Banning short-selling of currencies as an option (Writtenquestion to the Commission, 18 December 2008) ................182

Credit enhancement for New Member States (NMSs)

(Written question to the Commission, 18 December2008) ....................................................................................183

VI. Studies .....................................................................................185 Why Is This Financial Crisis Occurring? How to

Respond to It? ......................................................................185

Managing diversity for a growing Europe: A Romanian

view on the EU budgetary review process ...........................227

The Monetary Union: The Decade Ahead.

The Case of Non-Member States .........................................290