Speeches

Mr President, Commissioner, ladies and gentlemen, at the beginning of this week in Paris, an SOS was launched for the ocean. It is a signal to come to the rescue of the ocean, the blue lung of our planet that stands at the crossroads of many global rivalries. Europe will arm itself with a pact for the ocean, but this must not end up in a bottle at sea. We expect from the Pact this holistic, strategic and integrated vision that has always been lacking in our European maritime policies. We need a roadmap that will involve all actors at the same level. There will be no ocean pact without our fishermen, without our shellfish farmers, without our aquaculturists, without our scientists, without our marine professionals. On biodiversity, the blue economy or maritime security, this global pact must also be implemented at local level, while respecting our territories. With this pact, Europe must become the captain of the global ship that will launch from the United Nations Ocean Conference in Nice next June. Ten years after the Paris climate agreement, it is high time to seal a Nice agreement to save the ocean and take action. We are counting on you, Commissioner, on President von der Leyen and on the Commission as a whole.

Mr President, Commissioner, ladies and gentlemen, today 440 million European consumers rely on us to guarantee their rights in a changing market. Every day, Temu, Shein and others flood the market with cheap, often unsafe, non-compliant or counterfeit, and dangerous products. Meanwhile, on TikTok, we find apprentice influencers, sometimes teenagers from their rooms, who sell you financial investments or cosmetic surgery. While television advertising is framed, this online influence, sometimes very risky, escapes all control. At the same time, large platforms are perfecting manipulation techniques, deceptive interfaces, such as false countdowns, which create a sense of urgency to push to purchase, or infinite scrolling, designed to keep our children and ourselves taped to the screen. Result: Our choices are no longer ours. Europe has already laid down rules, but they need to be applied effectively and more needs to be done: protect consumers everywhere, all the time, in a digital market that knows no borders. Consumer protection is a concrete step forward for Europe, which we no longer even see, as long as we take it for granted. Let's not let digital create a no-go zone or second-class consumers. We therefore need to move forward on ambitious digital fairness legislation that protects consumers in the digital environment of the 21st century.

Madam President, Commissioner, in the United States, Donald Trump dreams of being the president of crypto. As a result, the cryptosphere is inflamed, a cryptocurrency created in its image and another dedicated to Melania, the bitcoin that flies and the resignation of the president of the American Financial Markets Authority. During this chaos, in Europe, we made a different choice: regulate to protect. With the MiCA Regulation, we laid the foundation for a secure cryptocurrency market, imposing robust measures against money laundering and terrorist financing, such as identity verification and reporting of suspicious activity. Because yes, cryptocurrencies have advantages. They offer new investment opportunities, encourage young people to come and invest, and provide vital support in the face of corrupt systems or in war zones, as for the Ukrainian diaspora. But they must not become a global jungle at the service of fraudsters and criminals. To those in Europe flirting with US bitcoin leaders: Do you know that their real goal is to bypass our official currencies, starting with the euro, and sabotage our monetary system in Europe? Funny sovereignists. As with artificial intelligence or minimum taxation, Europe must push for a global framework. Cryptocurrencies should not become an eldorado for cheaters, but a tool at the service of all 2.0 investors. Commissioner, take action now to adopt minimum global standards as soon as possible. It is about the sovereignty of Europe, the sovereignty of the euro and the protection of our fellow Europeans.

Madam President, the Digital Services Act (DSA) is an essential tool to ensure that our digital space remains a safe place. But its effectiveness is based on its strict application: that of our rules, that we, representing 450 million European citizens, have set, and which apply to all platforms that operate on our market, regardless of their nationality. Mr Musk and Mr Zuckerberg, who are blowing Donald Trump's ear to deregulate and who are threatening Europe with reprisals if it dares to sanction. Yes, everyone is free to think and express themselves freely, no matter what the European pseudo-sovereignists say, who confuse censorship with the fight against information manipulation. But when a platform becomes a tool of interference and hatred, it ceases to be a social network and becomes a political weapon. If some platforms do not want to hear it, then it is their responsibility. Their algorithms can no longer be black boxes to amplify disinformation or polarization. Enforcing the DSA means protecting our European values, the diversity of our opinions and, precisely, our European sovereignty. This is a clear signal: In Europe, citizens’ rights outweigh the interests of a handful of digital oligarchs. So, Vice-President of the European Commission, don’t have your hand shaking: enforce the law, the whole law, just the law.

Mr President, Commissioner, the Romanian presidential election highlighted a serious danger for our democracies: the meteoric rise of a candidate chosen by a foreign power, Russia, whose candidacy was stimulated by the algorithms of online platforms. False accounts, hidden political influencers, manipulation campaigns: Romanian citizens have been fed continuously by shadow influencers who manipulate information and opinion. Election manipulation, even 2.0, is not a technological innovation: it is a direct attack on our democracies. These practices show a blatant disregard for EU rules and an inability to ensure the transparency that the DSA requires. Great power implies great responsibilities, and when a platform becomes a tool for interference, it ceases to be a social network and becomes a political weapon – and that cannot be accepted. The integrity of our democracies is at stake. TikTok cannot wash its hands. Europe is not a playground for merchants of chaos, and I look forward to the results of the investigation launched by the European Commission today to act and sanction TikTok to the extent of the harm.

Madam President, Commissioner, in order to become more competitive, we must allow our European businesses to innovate. But if public money is scarce and banks don't finance risk, who can our companies turn to? The financial markets, yes, but which ones? Today, Europe is not up to the task. Our nuggets have no choice but to finance themselves across the Atlantic: the United States invests on average six times more in start-ups than in Europe. To guarantee our strategic autonomy, our continent must regain control of key sectors such as technology and defence. So it's time to move up a gear. This means, first of all, more targeted and substantial public investment. Let us empower the European Investment Fund to do more and do better. It financed more than 350 000 SMEs in 2023 and will make available a fund to finance European tech champions. It is also necessary to stimulate private investment by creating a European capital market. Let's remove obstacles for SMEs with simpler and less burdensome rules, let's make Europe a breeding ground for innovation. Only by unlocking our potential will we create European innovation superstars.

Mr President, Commissioner, today we know that Putin's Russia is circumventing international sanctions and is involved in money laundering practices and financing activities that threaten our values and our collective security. In the face of opaque financial maneuvers and malicious interference by the Kremlin, we must act decisively. It is not only a question of financial security, it is a question of sovereignty and justice. We cannot tolerate Russia using our loopholes to launder dirty money, fueling criminal networks, pedophiles and terrorist groups, thus directly threatening our democracies. We have the opportunity to say stop! Stop illicit funds polluting our economies. Stop the financing of criminal networks at the gates of our Union. Let us protect our citizens, defend the integrity of our financial system and show that Europe is neither complicit nor helpless. I say it clearly: The European Union will never be a safe haven for Vladimir Putin's dirty money. The Commission must therefore put Russia on the EU list of high-risk third countries as soon as possible.

Mr President, Commissioner, ladies and gentlemen, more than two hundred: it is the number of European texts that have been adopted in the last five years. More than two hundred. While the EU wanted to protect its actors through regulation, this approach was ultimately quite counterproductive. Today, this regulatory millefeuille is heavy and very indigestible for Europeans. For SMEs, which represent 99% of European businesses, the administrative burden is an obstacle to their development and innovation, and for citizens, too much information kills information. They cannot be asked to read a hundred pages before every financial decision. Europe needs to change course. We must inject it with a dose of competitiveness, with simpler, clearer, more appropriate rules – and the solutions are already there. It is about taking action. First, by reducing the administrative burden by 25% to the benefit of Europeans, and then by requiring the European Commission to effectively apply the following rule: "A piece of legislation adopted, a piece of legislation deleted." Less paperwork, more simplification: This is how we will unleash our European competitiveness and concretely implement the Draghi and Letta reports.

Mr President, Commissioner, in order to build a competitive and fairer Europe, our businesses and citizens must be subject to the same rules of the game. However, today, at the international level, tax rules are biased in favour of the richest, because if they escape tax thanks to a more favourable regime or through tax evasion, it is the tax of households that fills the coffers of the State. Yet everyone has to pay their fair share. To restore social justice, the solution is simple: We need to change the rules of the game at the international level. How? By supporting the work of the G20 to finance a minimum income tax for the wealthiest. Taxing billionaires at a minimum of 2% would bring in up to $250 billion a year globally. At a time when Europe is seeking at least 800 billion euros annually to finance itself, the stakes could not be higher. So it's time to act. We have already done this with multinationals. So what are we waiting for to do it with the greatest patrimony?

Mr President, Commissioner, ladies and gentlemen, at a time when all European citizens are calling for more tax justice, I am delighted that the Court of Justice of the European Union has ruled in favour of the European Commission. The European Commission – you know, Brussels, as some call it – well, it was the Commission that asked Ireland to recover EUR 13 billion from Apple. These 13 billion euros are tax advantages granted to the apple company which is worth 3 trillion on the stock market and which were in fact only illegal state aid. A violation of our rules which must ensure fair and equitable conditions between our Member States. Europe, which some describe as the champion of unbridled liberalism, is in fact hissing the end of unfair tax competition. Large corporations are not above our laws, even when it comes to taxes. This is a crucial judgment that shows that tax justice will not be at the expense of our single market, nor on the backs of European taxpayers, so I extend my congratulations to Executive Vice-President Margrethe Vestager and her teams.

Madam President, EUR 800 billion a year is the sum that Europe needs to finance itself, according to Mario Draghi. If today we have set ambitious European targets, the European Union's vital prognosis is on track. The pockets of the states are empty and we lack money. Mobilising private money will be key to ensuring a green, digital and secure Europe. How? By creating a real European financial market, this "savings and investment union", a necessity if we want to place Europe as a real competitor against the United States. Our role in the European Parliament is twofold. First, to rethink and simplify our rules so that our companies invest more, and also invest in us in Europe. Secondly, to make investment more attractive to citizens. If Europeans are known to save their money, they would have everything to gain by investing a small part of it. Creating a long-term European savings product would allow Europeans to access a better pension and become actors in financing transitions. We all share the diagnosis or almost, except the Eurosceptics, so it is time to act. Let us create a "Savings and Investment Union" to inject a good deal of competitiveness into Europe.

Mr President, Commissioner, ladies and gentlemen, a week ago Elon Musk, the American billionaire and owner of X, called on Europe to get rid of itself, and I quote: "unnecessary rules". He was necessarily talking about the Digital Services Act, the DSA, which he felt was so complicated to comply with. Because yes, Mr. Musk, the DSA is like the Chernobyl cloud: It does not stop at the borders of Europe. The obligation to combat the pollution of hateful content has no borders. One year after the application of the DSA, which must make illegal online what is already illegal offline, it is unacceptable to see platforms used every day by millions of citizens thriving, amplifying content that fuels hatred, manipulation and radicalisation. This is true for the conflict in the Middle East, the US elections or this summer's demonstrations in the UK. Faced with a baroque alliance of American libertarians allied to patriots who have only the name, Europe must resist to implement this "dangerous" regulation of the online digital space. And to all those who doubt, those who cry conspiracy, I ask them: Ask yourself. Would you like your children to see this kind of content on billboards on the streets when they go to school?

Mr President, ladies and gentlemen, while our single market has existed for more than 30 years, the Capital Markets Union remains a sea snake. Faced with the need for massive funding for the green, digital and defence transitions, public money is not enough. Private money must be mobilised, including reorienting Europeans’ savings. This is the purpose of the retail investment strategy. By maintaining the retro-committees, our agreement in the European Parliament makes it possible to preserve free access to financial advice for all citizens in all our territories. This regime is not perfect, it needs to be improved. Precisely, we put in place safeguards to protect citizens, ensure more transparency and guarantee the value for money of the financial products sold. We are also strengthening the supervisor's power to better repress those who violate the rules. Our Socialist and Green colleagues say they are acting on behalf of the consumer. However, they left the negotiating table, favouring political stances during the election period. They called for a total ban on back commissions, which will have terrible consequences, first for citizens, who will have to pay hundreds of euros to get advice from their banker, while so far it is free. Who will explain that only the richest will now have access to financial advice? Then, they will close the agencies on our territories, they will unravel the territorial network. Who will tell citizens that they will no longer have access to banks in their village? Finally, they favour American products, to the detriment of our European companies. Colleagues, the approach adopted in the European Parliament is a step forward for the Capital Markets Union, a priority for the next mandate in the Competitiveness Pact. It is the nerve of war. To meet all our challenges, action is urgently needed and I hope to be able to count on your support.

Mr President, Commissioners, tomorrow we will vote to update the rules of procedure of our co-ownership with regard to economic governance. What about it? These are conditions for Member States to reduce their debt levels without hampering the investments needed to meet the challenges of tomorrow. Europe will only be able to strengthen its sovereignty if it is fiscally credible, credible with future generations and our partners, credible to continue investing in Europeans in our common priorities. I regret that some oppositions pretend to confuse austerity with responsibility. What are these new rules? It is a personalisation of targets for each Member State, according to its fiscal situation, to lift it out of deleveraging, and incentives for reforms and investments in the climate, digital and defence transitions. Again, the oppositions will shine with their irresponsibility and prove their inability to govern. To not vote for this reform is to consider that the Pact, in its current form, is satisfactory: This is not my case.

Mr President, Commissioners, the European Union has been at the rendezvous in the face of the consequences of the pandemic and Russia’s invasion of Ukraine. Energy crisis, inflation, low growth, threat to households and the competitiveness of our companies: We answered them in Europeans. What has mattered through these crises is our unity, unity in diversity, which obliges us to agree on rules of procedure for our co-ownership at 27, in order to continue to be able to invest and be credible on the international scene. Because yes, we must invest massively to end dependencies by ensuring the resilience of our economy, but also to decarbonize and digitize it. How? By mobilising public and private investment, fighting tax evasion and money laundering and strengthening our single market. It is on these conditions that we will put public finances back in order. Confidence between European partners is just as essential as that of citizens in the political word. "There is no love, there is only proof of love", which is why the coordination of our economic and social policies is the concrete proof that makes it possible to set this common roadmap to respond to challenges with responsibility and ambition.

Madam President, Mr President, Commissioner, ladies and gentlemen, today the digital, environmental and security challenges have demonstrated the need for a powerful Europe where funding is the nerve of war. As the financial arm of our Union, the European Investment Bank must step up its efforts to support our objectives. As you recalled this week, President Calviño, one of the priority sectors must be defence. However, the EIB invested only EUR 2 billion of the EUR 8 billion earmarked for defence projects. And in this time of multiple conflicts at the gates of our Union, there is an urgent need for a real budget to make a Europe of defence a reality. Add to this the need for annual funding of EUR 745 billion to finance the digital and green transitions, including, and not forgetting, nuclear. Finally, the EIB plays a decisive role in the development of our territories. By co-financing a wind farm in my region, Normandy, it has created a thousand jobs and also launched the Caen tramway in Calvados. The EIB is, and must remain, synonymous with a concrete Europe for our citizens.

Madam President Lagarde, Commissioner, Mr President, the financial strength of our continent has been tested several times in recent years. Many issues and crises have punctuated our daily lives: climate change, digital transition, war in Ukraine or bank failures in the United States. Following a decline in inflation from 10.6% in October 2022 to 2.8% in January 2024 in the euro area, the European Central Bank (ECB) reaffirms its role as a guarantor of European financial stability in the face of the challenges of the future. The ECB also has a decisive mission to ensure the green transition of our banking sector and to strengthen its cyber resilience, no matter how unpleasant some of our German colleagues here are. Its role is also part of a broader context to address the massive financing needs in the green and digital transition, estimated at more than €735 billion annually. And public money is not enough! As you recalled, President Lagarde, there is an urgent need to consolidate our Capital Markets Union to finance this transition.

Mr President, Commissioner, ladies and gentlemen, "there will be one before and one after the Hamas attacks on social media," said Commissioner Breton. Because yes, the time when the big platforms declined all responsibility for what circulates on the networks is over. Hate speech, fake news, terrorist content simply have no place on networks we frequent on a daily basis, like millions of citizens, including our children. Europe has not issued simple recommendations or best practices to platforms, it has laid down clear and binding rules on mandatory content moderation and removal of illegal content. Europe has not made mere letters of reprimand, it has opened formal investigations against X. Tomorrow, sanctions and fines will fall. It is therefore to be taken or left, if these platforms want to continue broadcasting on the European market, to 450 million citizens. Elon Musk can continue to shout censorship. He can continue to dismiss all his moderation teams. X like all other platforms will have to comply with European obligations, to protect citizens. No, Europe will not weaken in the face of the alarming rise in disinformation, which thrives online and is the Trojan horse of our opponents ahead of the European and American elections. It is not billionaires in California or Russian oligarchs who will decide our lives and our future as Europeans.

Madam President, Commissioner, ladies and gentlemen, have you ever made a transfer where you are offered to pay an additional EUR 1 to choose the instant payment option in ten seconds? Well, it is now over, because we are making instant payment the norm. From now on, payment service providers will have to provide consumers and businesses with instant payment solutions in addition to traditional credit transfers. It will no longer be possible to apply additional fees to instant payments that are higher than those charged for ordinary transfers. Yes, we are continuing the digitalisation of our economy, and we are doing so by strengthening security. How? Ensuring that, for instant payments and regular transfers, the name of the payee matches the IBAN (through verification), in order to avoid errors and fraud. We also recall, with these new rules, that the euro is indeed our political project and reiterate our commitment to this single currency, since the new rules will also enter into force in countries that are not members of the euro area – albeit within a longer period of time. While the Capital Markets Union is a priority for 2024, this new step will allow us to develop more competitive payment solutions, streamline transactions in the European Union, improve the strategic autonomy of the European economic and financial sector, in order to no longer be dependent on third-country financial institutions. Yes, thanks to this, we have a lock in favour of the Capital Markets Union, which allows us to move forward.

Madam President, ladies and gentlemen, the war in Ukraine, the pandemic, the risks of relocation and inflation are all areas where our competition policy has played a decisive role in protecting our businesses and households. With this report, we are sending a clear message about our intentions, the future of our competition policy and the industrial policy we want. We can now prevent unfair competition from heavily subsidized foreign companies. We can now fight against the GAFAM monopoly. This is the end of naive Europe, now the world is watching us. Europe is not a supermarket where the 460 million citizens would be the products. I say this here to our partners who freely enjoy our single market, but also to companies who do not play by the rules of the game. Fair and just competition is not a sacrosanct principle that would only apply to our Member States. This is a reality that applies to everyone, including the rest of the world. With 350 billion US investments, Europe must also support green reindustrialisation. The European Commission's recent decision to prevent Northvolt's relocation to the United States is a good one. Our State aid policy must be aligned with the political objectives of the European Union, notably the Green Deal, and prevent a subsidy race between Member States, which then means investing in Europeans. And finally, in digital matters, our hand will not shake despite the pressures. But let us not be gagged by the lobbies. Apple, Google, Amazon, TikTok, Meta, Microsoft are now the six designated companies that must comply with the DMA obligations by 6 March. We dare to say it, and better yet, we will take care of it. To end with the Artificial Intelligence Act, the European Union is the first continent to regulate it. However, little attention has been paid to the threat of market concentration in the hands of "big tech". Let’s not rebuild AI GAFAMs, extend the scope of the DMA to AI, monitor agreements between digital giants and AI start-ups. Ladies and gentlemen, to conclude, as Jacques Delors said, for the European Union to work, we need competition that stimulates, solidarity that unites and cooperation that strengthens.

Mr President, Commissioner, rape, genital mutilation, physical violence, harassment, human trafficking, forced marriage before she turns 18, that is what one in three women should expect today in her life. These statistics are cold in the back. But these are not just numbers, they are the lives of mothers, sisters and daughters here in Europe and elsewhere. Every case of violence is a tragedy that must find a firm and unified response on our part in Europe. A woman must live without fear, without being silenced by fear. We categorically reject all forms of violence, whether sexual, physical, moral, economic, psychological, online or offline. I therefore call for collective action, for stricter policies and legislation to punish aggressors, and for victims to be protected and heard. Shame must change sides: it must not be just a slogan, it must be a reality. Education is key: We need to teach girls and boys mutual respect and consent from an early age. Together we will build a future free of violence and discrimination, and this is part of the Simone Veil pact we initiated within the Renew Group. Yes, Europe must become an example of zero tolerance for violence against women. After the words, now let's act!

Mr President, Commissioner, while we are in the 11th round of sanctions against Russia, a consortium of journalists is denouncing potential money laundering operations by Russian oligarchs in Cyprus, within the European Union itself. This is too much of a scandal that not only weakens one Member State, but the whole of Europe, as our financial system is so interconnected. At a time when the world is affected by multiple conflicts where corruption and money laundering flourish, scourges that, with the digitalisation of the economy, know no borders, we urgently need more Europe. More Europe with our new rules to effectively fight money laundering and ensure effective enforcement of sanctions. More Europe with the future European Anti-Money Laundering Authority, AMLA, which will be a key tool to achieve this by working closely with the Paris-based Financial Market Supervisory Authority, ESMA. The second issue is the supervision of financial markets. National supervisors still have significant power, but they have to cooperate with each other because it has consequences for our entire market. It is therefore necessary to extend ESMA’s powers to consider direct supervision in our financial markets. So a strong institution with a single regulation for a harmonised application throughout the internal market is the solution to put an end to the Shopping Forum and finally put an end to these scandals that weaken our democracies.

Madam President, Commissioner, last week the mayor of a small town in Normandy told me that he had mobilised an agent for a week to respond to a call for a European project. Results of the races: no European funds granted and a mayor who now sees Europe as a technostructure inaccessible to as many people as possible. This is the daily lot of our mayors and the leaders of millions of European SMEs, who are fighting every day to access and benefit from what Europe has to offer. Concrete Europe, the Europe of territories, is not yet a reality. This is evidenced by the fact that we have never spoken so much about Europe as when rumours swelled that Europe (the European Commission) wanted to ban boxes of camembert or oyster bushes. I come from Normandy and I am delighted that we were able to vote on an amendment to derogate from this text. Let us act as soon as possible to ensure that local elected representatives and European business leaders talk about Europe, and for good. The European Union regulates, and this is good for the functioning of our internal market, for our competitiveness and our security, but this regulatory millefeuille can quickly become indigestible, especially when we do not have the European emergency number in case of indigestion. President Ursula von der Leyen's announcement of the creation of an SME representative and your confirmation is a positive signal that needs to be concretised and amplified as soon as possible. Commissioner, let us act now for our millions of small businesses and for competitiveness in Europe.

Madam President, remember: the Inflation Reduction Act reserved its market for the production of clean technologies produced on US soil, and as a result the European market was overwhelmed with Chinese photovoltaic panels at uncompetitive prices. A situation of unacceptable dependence in the photovoltaic sector, where only one country now produces 80% of the components in the world. Our 2030 target: the European Union’s production capacity for these strategic technologies must reach at least 40% of the Union’s annual needs. Yes, we come out of naivety. Yes, we are the best-selling continent in environmental and social policy, but these standards must also apply to our partners and not be at the expense of our businesses and households in our internal market. When tendering in Europe, the lowest price is no longer the only criterion to be taken into account. We also need to think about resilience, sustainability and social goals. Companies that have invested in the climate transition must be recognised, and those using forced labour must be banned from participating in European public procurement. Let us transform the test and broaden this approach to foster European digital production, which is equally essential to our sovereignty.

Mr President, Commissioner, beheaded babies, raped women, racist or anti-Semitic attacks, calls for murder or hatred: A tsunami of unbearable photos and videos has been unfolding in recent days on social media here in Europe. Unfortunately, the examples do not stop there: foreign interference in our elections, fake news, conspiracy theories. All this content circulates with impunity online. In the wars raging in Ukraine and the Middle East, information is used as a weapon of mass destruction. It will be the same for the European elections next June. There is no more time to waste. For 50 days, the Digital Services Act has put an end to online far west. This is a world first, bravo! But can we still guarantee that a video calling for the murder of Professor Samuel Paty could remain online for three weeks before being removed? No, no. So, Mr Elon Musk, Mr Mark Zuckerberg, Mr Shou Zi Chew, Mr Neal Mohan – CEO of X, Mr Meta, Mr TikTok and Mr YouTube respectively – I am addressing you: now you have responsibilities commensurate with the audience you are reaching. If you don't want to have blood on your hands, apply this principle: action, reaction! No, you won't be able to say: "I didn't know", or: ‘I wash my hands of it’.