Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-17-Speech-3-404"
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"en.20081217.24.3-404"2
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"Mr França, my reply has to be brief, but your question is very interesting.
In terms of the legal text – the letter of the Treaty – I have to say that the vast majority of the precepts of primary legislation that the Economic and Monetary Union needs in order to work as we all want it to work have been on the books since the Treaty of Maastricht and have been taken up by the subsequent Treaties. Today, they are included in the Treaty of Nice; tomorrow they will be included in the Treaty of Lisbon.
There are some additional improvements in the Treaty of Lisbon, but the core of what Economic and Monetary Union needs in terms of the Treaty has been on the books since Maastricht.
However, the entry into force of the Treaty of Lisbon, together with decisions designed to boost European integration, such as those adopted last week in the European Council and this morning by you here, create the necessary framework for economic and monetary integration to forge ahead in the direction in which it needs to go. The very wording of the Treaty could determine how much progress is made with Economic and Monetary Union, and whether it heads in the right direction or in the wrong direction.
I believe that the Treaty of Lisbon as a political objective and the political will shown by the leaders, the Member States, Parliament and the Commission to press ahead with the Treaty of Lisbon, despite the difficulties of successive failed referendums, are what Economic and Monetary Union needs in terms of a political space, a political environment, in order to head in the right direction."@en1
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