A joint parliamentary meeting takes place in the European Parliament in Brussels to discuss how should Europe respond to the challenges of the crisis.

Beyond the crisis: How should Europe respond the challenges ahead?: extracts from the joint parliamentary meeting

SOUNDBITE (English), Jerzy Karol BUZEK, EP President, on the fact that without national parliaments being involved it is impossible to improve the economy of the EU. He insists on the importance of implementing the community law.

SOUNDBITE (English), Jerzy Karol BUZEK, EP President, on solidarity as the guiding principle for all European policies: solidarity between member states and solidarity between citizens. On responsibility, always connected to solidarity.

SOUNDBITE (French), Andr&#233; FLAHAUT, criticises the European Commission for insisting on the liberalisation of services: measures taken are being more and more rejected by the public opinion (...) services are more expensive, less public, and less efficient...

SOUNDBITE (French), Andr&#233; FLAHAUT, This crisis will cost 45 trillion euros worldwide and unemployment will be at 11% in Europe at the end of the year. Giving answers to the citizens will help us in getting their support". On the need to reform the economy. On the economic supervisory measures approved by the Parliament that Belgian Chamber is going to adopt soon.

SOUNDBITE (French), Jean-Pierre JOUYET, Chairman of the &quot;Autorit&#233; des march&#233;s financiers&quot;, France, on the need to deeply revise the directive on financial instruments for European markets in order to enhance confidence: It is clear that we have to correct some of the harmful effects, especially as regards fragmentation of liquidity and opacity.

Beyond the crisis: How should Europe respond the challenges ahead?: extracts from the joint parliamentary meeting

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