Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-076"

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"Mr President, first of all, it is true that the sudden emergence and the depth of the Greek crisis have created a great deal of fear amongst our fellow citizens, fear which I think is legitimate. Once again, this does not mean, as a Member has just said, that we should point the finger at Greece. However, it is important, it is urgent – as we have been saying for some time now – to learn the necessary lessons so that we can build a more political Europe and move towards economic governance. Economic governance should now be proposed as a matter of urgency. I understand that the Commission is proposing to scrutinise the national budgets in advance. Personally, I do not think we should switch horses. What is fundamentally and urgently needed is European economic governance and not prior scrutiny of the national budgets by the Commission. I think that this proposal would not only reveal constitutional inconsistencies but also create delays and complexity, which is definitely not what Europe needs at the moment. What is urgently needed is European economic governance and not prior scrutiny of the national budgets."@en1
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