Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-16-Speech-3-211"
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"en.20100616.24.3-211"2
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"Mr President, I voted against this resolution. While there is no legislative effect, it nevertheless reflects the direction in which the European Union is heading.
It is a blueprint for economic governance of Europe by the European Union. As we have heard this morning from Mr Barroso and the heads of most of the political groups, this is precisely what they want. The current financial crisis is seen as a beneficial crisis to extend the power of the European Union.
I represent the City of London, which faces potential destruction from proposed European Union legislation. Economic governance by Europe would destroy the British economy as a whole. One sensible thing that the resolution did contain was Mr Pieper’s amendment allowing countries to exit the European single currency. I was happy to vote for that but unfortunately, it was defeated."@en1
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