Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-046"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-05-19"^^xsd:date2
dcterms:Is Part Of	lp_eu:Outcome of the summit of 7 May 2010 and the ECOFIN meeting - What is the political relevance of the EU 2020 strategy in the context of the current financial and economic crisis? - Consequences of the financial and economic crisis on the EU 2020 strategy and its governance - What is the relevance of the EU 2020 strategy in the framework of the current financial and economic crisis? (debate)2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20100519.3.3-046"2
lpv:hasSubsequent	lp_eu:2010-05-19-Speech-3-0472
lpv:speaker	lp:Wolf Klinz2
lpv:spokenAs	member; Conference of Committee Chairs (2009-10-15--2011-07-31)3 member; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-16--2014-06-30)3 member; ALDE (2009-07-14--2014-06-30)3 substitute; DEVE (2009-07-16--2011-10-25)3 unknown; Freie Demokratische Partei (2009-07-14--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 vice-chair; Delegation for relations with Canada (2009-09-29--2014-06-30)3 chair; Special Committee on the Financial, Economic and Social Crisis (2009-10-15--2011-07-31)3
lpv:translated text	"Mr President, ladies and gentlemen, the European governments are being driven by the markets. At last they are reacting, but they are reacting after the event and not in advance. It is scandalous that the governments and the Commission only react when the real weaknesses appear in the markets. They should have identified these weaknesses themselves at an early stage. When the euro was introduced, we knew that we would not have a single monetary and fiscal policy, as is normally the case in individual states. For this reason, we have taken measures to find a substitute for this, but we have not adhered closely to these measures. The rules were broken very quickly and right at the start, even by the larger Member States. We need another effective set of rules with sanction mechanisms, including a name and shame policy, the loss of voting rights and suspension of payments from the European funds until the fines have been paid. Secondly, it has become clear that there are internal tensions within the euro area which are on the verge of putting its strength to the test and which take the form of differences in competitiveness. The Commission must take action in this area. It must investigate the budgets of the individual Member States to determine whether they represent a risk for the euro area. Of course, we know that the right to draw up a budget is a central right of the national parliaments. However, that is no reason for failing to develop a common European approach. This is urgently needed. We need more Europe and not less Europe. This may well be our last chance. If the Commission and the Council do not negotiate with Parliament, I am afraid that the result will be a major disaster at some point in the future."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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