Member of the European Parliament · Germany · EPP · Christlich Demokratische Union Deutschlands
What Stefan BERGER has said (4)
“Thank you very much, Madam President. Ladies and gentlemen, today we're talking about the financing of future policies in 27 member states. We've heard that the world is in transition, but reality is is very straightforward. Without economic strength, we have no political power to act. In difficult times, we hear ever more calls for more indebtedness, more mutual responsibility for that indebtedness for us. Uh, we as Democrats, we do not think that indebtedness is a viable path. This is valid for the war in Ukraine, peace is no longer self-evident. Security has its own price, but investment into our common defence policy has to be made, and this is essential. It shouldn't be seen as a permanent solution. But at the end of the day, we need to see a clear return to robust budget policy. If we're going to mutualize a European debt, that would be the wrong way to go. Eurobonds are not going to generate solutions. They're not going to generate factories. The EU doesn't have a indebtedness problem. They have a growth problem. Permit permits are too slow forthcoming. We need to look at other areas. It's not about going into debt. It's about providing the right framework. Conditions for growth are in investors and entrepreneurs don't need, uh, new pots of money. They need less bureaucracy. If we want to give some breathing room to entrepreneurs. We can do that and create growth by itself, and we'll have finances for future resources as well.”
Overall simplification of regulation in the EU
“Thank you very much, Madam President. Ladies and gentlemen, today we're talking about the financing of future policies in 27 member states. We've heard that the world is in transition, but reality is is very straightforward. Without economic strength, we have no political power to act. In difficult times, we hear ever more calls for more indebtedness, more mutual responsibility for that indebtedness for us. Uh, we as Democrats, we do not think that indebtedness is a viable path. This is valid for the war in Ukraine, peace is no longer self-evident. Security has its own price, but investment into our common defence policy has to be made, and this is essential. It shouldn't be seen as a permanent solution. But at the end of the day, we need to see a clear return to robust budget policy. If we're going to mutualize a European debt, that would be the wrong way to go. Eurobonds are not going to generate solutions. They're not going to generate factories. The EU doesn't have a indebtedness problem. They have a growth problem. Permit permits are too slow forthcoming. We need to look at other areas. It's not about going into debt. It's about providing the right framework. Conditions for growth are in investors and entrepreneurs don't need, uh, new pots of money. They need less bureaucracy. If we want to give some breathing room to entrepreneurs. We can do that and create growth by itself, and we'll have finances for future resources as well.”
EU fiscal rules and oversight of national budgets
“Okay, thank you, Chair. Well, if you don't mind, I speak in German, so... Ladies and gentlemen, first I would like to thank you all for these very valuable remarks, for these excellent contributions. We've talked a great deal about tokenization, stablecoins, the Genius Act, and the changes that are going to be associated with that. I would have two questions basically. One perhaps on Mrs. Cabociuras because you talked about MiCA, and the question that comes to my mind is: there are many safeguards in MiCA for many developments. Do you think that the safeguards in MiCA will be sufficient to deal with the double issuance problem and the question of non-controlled monetary flows from the Eurozone? Do you think MiCA will be sufficient for that?
And the second question that I have, the answer that we have that's been formulated here to stablecoins today has been: let's have a digital euro. It's connected to many complicated debates, and for me the question on the digital euro would be for Mrs. Laro: do you consider the digital euro as being suitable to create a connection with the blockchain world? Is it suitable for the blockchain and will that work? Thank you. That would be my question.”
Regulation of crypto
“(17:04:54 – 17:06:38): So thank you, chair. And, first, I would like to thank Johan van Oberfeld for his great work. The draft report was already very good. The EPP can support most of it. I think only a few amendments, were necessary. And I'm sure in the end, we will find a good compromise. And, of course, the biggest issue, as you mentioned, is paragraph 12, the question of multi issuance. And, for me, instead of complaining the lack of legal certainty and calling for new legislation, maybe it's enough to mandate the commission to provide clarification through guidance or through q and a. For me, it's enough. And the reason why I believe this or why I believe that this is much better than, a new legislation is the fact that Mika already provides, sufficient safeguards. If any token or coin grows to a significant size, additional safety measures apply. So we are prepared. And last but not least, the ECB, said that the capitalization of all crypto are simply too small to pose any relevant risk to the market. But in the end, of course, we can talk about the question what kind of reactions the commission has to do, of course. So let me finish. I'm sure, the end, we will find a good compromise.”