Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-25-Speech-4-051"
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"en.20100325.3.4-051"2
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"Mr President, unfortunately, due to another engagement President Juncker is unable to join us as usual. Quite clearly, I am sorry to hear this.
Here we have two very good reports that enable us to go more deeply into our discussion at a critical moment for the euro area.
Mr Scicluna’s report allows us to lay the foundations of a number of elements of the debate, in particular, relating to the conditions of appointment of your successor, Mr Trichet. In terms of democracy, the monetary dialogue is an important element, but also with regard to the very functioning and running of the European Central Bank.
The report by our friend, Mr Giegold, asks questions of you, Mr Rehn, which come under your responsibility and not that of the European Central Bank.
The risk we face, as regards the functioning of the euro area, is the dismantling of our social model. When your predecessor, Mr Almunia, gave an assessment of the euro area’s 10 years of operation, one factor was blatantly obvious, namely, the increasing divergence between the Member States of the euro area. That is where we are and that is what the very authors of the treaty and the authors of the Stability and Growth Pact underestimated. This is what we must take into account.
We must take this into account for two reasons. Firstly, to understand that, even if the sustainability of public finances is a key element, it is not enough. Faced with national competences, the Member States do not have a natural appetite for sanctions and therefore their coordination, their cooperation is not good cooperation. This is the spirit that we have to discover. This is the magic panacea that we need.
The second pillar which cannot be overlooked and which we cannot do without is the matter of fiscal harmonisation. As you know, I deplore the fact that, from this point of view, the 2020 strategy does not even mention the work in progress on the harmonisation of the tax base for corporate taxation, which we absolutely must continue with determination."@en1
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