Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-06-19-Speech-2-343"
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"en.20070619.44.2-343"2
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"Mr President, Sweden must apply the Treaties, of course. The fact that a referendum has been held does not excuse Sweden from its obligation to apply the Treaties. The Commission also has to apply the Treaty, and what it has done, and what it is going to continue to do, is analyse every two years, as the Treaty demands, whether or not the Member State in question in this case Sweden – fulfils the required conditions for entering the euro. For the time being it does not do so.
Sweden has a problem because its currency is not included in the exchange rate mechanism and, therefore, it does not fulfil the exchange rate stability criterion, it does not conform to the criterion on bringing its legislation into line with the rules laid down in the articles of the Treaty that I referred to earlier, and we point that out. What all Member States must do is try to prepare for that moment.
As the honourable Member knows, and as you all know, the results of the referendum held in Sweden in 2003 are not going to remain in force forever. We have well-known cases of referendums that delivered a certain position in a particular country, but that position changed over time because the will of its citizens, expressed by means of elections or new referendums, changed.
I would insist that, from the point of view of the type of legal obligations laid down in the Treaty, the situation is not comparable if we analyse, on the one hand, the need to move towards Economic and Monetary Union and, on the other, the need to comply with the energy security rules that are included amongst our fundamental rules."@en1
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