Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-02-15-Speech-4-238"
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"en.20010215.11.4-238"2
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"Madam President, Commissioner, ladies and gentlemen, I would like to congratulate the Commission and the Council because we have one year before the euro is introduced for real and this economic policy coordination, which we have been hoping and praying for since we changed over to the euro, really needs to take shape.
I do not know when or how the Commission and the Council would be able to use this procedure in Article 99, and paragraph 4 in particular, if not on this occasion. Imagine that they had to do this next year. I do not think that would be possible. They have both been guardians of the Treaty as well as guardians of the general interests of Europe. As a consequence, economic policy coordination has not yet been achieved. Commissioner Solbes Mira has just presented a document that has been adopted by the Commission and which we shall study very closely; in other words. It is a document which will enable us to forge ahead in those areas. We would like to thank him in advance and we hope that we will be able to improve the system on this basis.
Perhaps what we should be criticising is the gap between BEPGs in the budget, rather than the recommendation that the Commission has just drawn up. When BEPGs, the Broad Economic Policy Guidelines, are set out, everyone is gathered around the table – Ireland, Germany, Italy, France, Portugal, and so forth. The issue that we are coming up against today is that once BEPGs have been adopted, everyone goes home again and adopts their own budget, almost completely forgetting what was established collectively, among equals. The problem today is that the Commission is dismissing a budget that the Irish Parliament has already adopted and it is assessing the outcome of internal debates held in Ireland, France, Germany and Italy after the fact.
I would, therefore, like to congratulate the Commission once again for having adopted this resolution. Mr von Wogau wonders if the Irish economy may really has such an impact on economic and monetary union. Of course it does not, but you must go back to Article 99(4). It says that the Commission must make these recommendations and the Council must adopt them when the proper functioning of economic and monetary union is in jeopardy, and also when the economic policies of the Member States are not consistent with those that have been defined collectively. This is certainly the current scenario.
Let us move on to the question or whether a large or a small country should have been reprimanded. Do you think that one day the Commission could have criticised a larger country which was sending out negative messages that might weaken economic and monetary union if it had not previously responded in this way to a smaller country? – I still do not know the difference between a larger and a smaller country, but never mind. – I do not believe so and I therefore welcome the decision taken by the Commission on Monday."@en1
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