"In the last few years, in relation to the economy, what we've heard is 'big is beautiful'. The bigger a bank, the bigger the profit. That was the idea, and this idea has landed us with big problems. That is why the SP wants to see a fundamentally different economy, one in which it is not the size of the bonus paid to the manager which is seen as the gauge of a firm's success." This is the message which Dennis de Jong, leader of the SP's European Parliamentary group, brought to the world's major financial and economic institutions during a working visit to Geneva and Basel.
Read more