Michel Barnier


Last quote by Michel Barnier

Security cannot be weighed off against economic and commercial interests.
NEW Mar 23 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Michel Barnier is associated, including EU and U.K.. Most recently, Michel Barnier has been quoted saying: “Security cannot be weighed off against economic and commercial interests.” in the article London attack a reminder of fears for post-Brexit security cooperation.
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Michel Barnier quotes

It is clear that the period of actual negotiations will be shorter than two years.

All in all, there will be less than 18 months to negotiate.

You can't do everything in 15 to 18 months of negotiations.

It is for the British to say what kind of relationship they want and for the 27 EU states to define the future they want to build with them. You can't do everything in 15 to 18 months of negotiations.

Time will be short. We are ready; keep calm and negotiate.

There is a two-year time frame on that process. We have been clear that we are not seeking to extend that process. In terms of how long the actual negotiations take place, clearly that is a matter that will resolve itself as a result of the negotiations.

This morning courtesy visit from @daviddavismp at his request. No negotiation without notification. My work is now focused on EU27.

I'm absolutely convinced that this reform of the banking union is a revolution for the European banking sector and it's probably the most significant reform for us, Europeans, since the creation of the euro.

We are introducing revolutionary changes to Europe's financial sector, so that tax payers no longer foot the bill when banks make mistakes or face crises, ending the era of massive bailout.

It means there must be transparency and good supervision and that the risks taken by those in this sector – in this parallel banking sector – are subject to precautions. That there is more of a guarantee when there are risks.

This irresponsible behaviour that allows bonuses to be paid out without a limit, means certain bankers were paid more then more risks they took. That's enough, that's enough. It's over.

As far as I know there's no food safety problem. So we're not talking about a health scandal, right now. But it is a scandal. And those responsible for mis-selling or fraud must face the full force of the law.

When? After the text is approved we hope things will be in place before the end of the year and that the European Central Bank will have the power to directly supervise any banks that it believes are at risk.

Judges should have the means to punish them without any leniency. The worst offenders should go to prison.

Of course, not everything is equal in the single market, but the path we have laid down is to harmonise to come together more, to have standards, common rules, and not to prevent competition, competition is part of life, what I am working for is competition which is fair and equitable. The single market is the main opportunity for growth.

This treaty budget is a joint ownership agreement. It was not decided by technocrats or bureaucrats here in Brussels. It was discussed by governments, by heads of state.

If a public body or country believes there isn't a level playing field, in which a European business is being prevented from working in a country, in that case, the decision makers could turn round and say: we want to block a company from that country from working in Europe. But it would have to be approved by the Commission. So, this will be on a case-by-case basis, and will only apply to contracts above five million euros.

This reinforces my conviction that Europe must have rigorous, strict and solid regulation for credit rating agencies, but not only for them.

A tax on financial transactions is economically bearable for the services, it will bring in a lot of money, and politically, it's the right thing to do.

There is going to be supervision now … European supervision. Lots is going to change.

Before, there wasn't any regulation, any supervision.

Crises have to be prevented, we have to try to anticipate them. I think that prevention costs less than reparation, and that banks should have to pay for the banks, and today we're creating the supervision framework.

We don't want to wait for a new Madoff case in Europe before we improve protection for European investors.

What we have in front of us are six big issues that underline the exigencies of transparency, responsibility, monitoring, and prevention to which we have committed at the European Council, to our citizens, and to the G20 at least three times. We have to deliver.

The financial institutions should contribute to a resolution fund. It's about making contingency plans. It is also an ethical issue.

We are going to reform, we are going to reform. No market, no financial player, no financial product, no territory will be able to escape anymore relevant regulation and effective oversight.

If we can fully use and maybe improve the tools for intervention that we have – storage, presentation, support for exports. We can re-examine the milk quotas so that producers will understand better that it's not only the law of the market that counts.

The industrialists must make an effort to have fair contracts with the producers. They should offer them in advance a fair price.

I believe there has not been a Council meeting since I have been Minister of Agriculture at which I have not alerted my colleagues about the volatility and fragility of the milk market, and the necessity to preserve the tools which govern production. That is why, together with Germany, in the 'health check' I have fought to create two gatherings – in 2010 and 2012 – to take stock of the piloting of milk production, and we would like the Commission to make the first of these happen very early in 2010.

We sought and finally reached this delicate balance, it was difficult but very significant as it was achieved in a climate of cooperation. We have equilibrium between the responsible and sustainable management of fragile fisheries resources and the activities of the fishermen.

We can't reform any policy without the industry, or by opposing it, so we have to do it with them, by taking the time to listen to them as well as the environmentalists and scientists.

I contest the way it was taken. The figures are the ones we gave them, but they have interpreted them and made projections. They've run simulations that do not match ours. There is a problem. If the figures I have are off, I would say so. I'd own up to it.

Rather than pursuing the somewhat archaic all-night haggling… I'll give you cod in return for bluefish… I need herring… Give me sole… based on common policy proposals from the Commission, let us work serenely – over two meetings of the fisheries council. Let us try to set these quotas every three years instead of every year.

I'm quite confident in the ability of the people to understand that this text is important, that it is essential to improve the way Europe functions, to make Europe more socially fair and more democratic.

In this terrible memorial centre it's here that we recognise those millions who were lost in the brutal darkness of those darkest nights. Now their sacrifice lives on but their example demands from us that we never forget.

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