Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-049"

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"Mr President, Mr Leterme, I would firstly like to say that I listened carefully to you and have also read your programme closely, and so I would like to begin with something that you told us here today when you introduced yourself. You said that a European Union with a monetary government, but without an economic government, would not work. I could not agree more, and that is why I am calling for clear, transparent and, above all, democratic measures for such economic governance, because these have not existed until now. They have not existed, and this reinforcement and the objectives presented are more along the lines of the Stability and Growth Pact, with greater emphasis on the deficit and public debt. We are also well aware that these are measures that, once again, will strengthen this monetary government, but not the economic government that is urgently needed. That is why this is the same as with measures to reduce wages, like those that have been implemented as part of stability and growth plans; competitiveness is impossible, and therefore to insist on it is to insist on recessionary measures that will only lead to greater recession. I would also like to say that in relation to the new structures announced and the additional measures to continue the important initiatives devised in Europe over recent months, we have not seen much actually happening. Therefore, perhaps what has already been announced should be implemented, rather than announcing new things. Not only did they fail to be implemented; their effects were not felt, neither by us nor the Greeks. Moreover, I think it is essential that we should move forward in the spirit of social, economic, decent and transparent integration, once and for all."@en1
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