Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-049"

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	"pt"^^xsd:language2
lpv:document identification number	"en.20100519.3.3-049"2
lpv:hasSubsequent	lp_eu:2010-05-19-Speech-3-0502
lpv:speaker	lp:Elisa Ferreira2
lpv:spokenAs	member; ECON (2009-07-16--2012-01-18)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-11-11--2011-07-31)3 substitute; Delegation for relations with India (2009-09-16--2014-06-30)3 substitute; TRAN (2009-07-16--2012-01-18)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 unknown; Partido Socialista (2009-07-14--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3
lpv:translated text	"Mr President, Commissioner, when the economic and monetary union turned 10 years old, the Commission thought that the euro was the Union’s greatest success. It would now be difficult for us to make that statement without qualifying it, because the crisis has shown that the economic and monetary union is an unfinished project. The minimum measures needed to save it were taken in a climate of emergency, but let us not delude ourselves: the pressurised conditions, the direct interests of the main Member States, and the painful and slow nature of the decisions have led to the precarious image that the public and the world have of the euro and the European Union. We must face the facts. The European Union and the euro are a process of integration, not just inter-country cooperation: they are an unfinished process that must either be reinforced now or run a serious risk of disappearing. There are three issues that must be tackled. First, it is important to consolidate the instruments that have been created in this climate of emergency: a European monetary fund must be created; progress must be made with Eurobonds; progress must be made with the European supervisory and regulatory architecture, and progress must be made with a European dimension for managing the banking crises. Second, it is important to understand that there is no strong currency if the economy is weak: the forecast of 1% growth for the European Union is unsustainable both in terms of its demographic makeup and in terms of fighting unemployment; and the 2020 strategy is nothing more than a collection of good ideas if there are no means for realising it. Third, Mr Rehn, fiscal consolidation is important, but it cannot coexist with growing divergence between the Member States that make up the Union: convergence policy must be urgently reviewed."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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