Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-24-Speech-3-032"
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"en.20101124.4.3-032"2
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"Mr President, Mr Van Rompuy, Mr Barroso, ladies and gentlemen, what with the banking crisis, the economic crisis and the crisis situations in public finances, we have really learned, and experienced more than ever, what crises are in the last two-and-a-half years. To date, the reactions by the authorities, especially at European level, have been good. The existence and resistance of the euro and also the precise action of the European Central Bank have prevented the situation escalating. ‘Strength in unity’, we have learned in Europe, and solidarity works. However, the current state of affairs proves that we must continue to make structural adjustments and that we really need to move towards economic governance. Even if the euro lulled us to sleep quite a bit, President of the European Council, let us see the seriousness of this crisis as a wake-up call to make full use of our European strength in future. Strict rules and sufficient enforcement mechanisms are needed for the financial sector, the public budgets and the debt, and also for the correction of macro-economic imbalances. They are needed in order to restore confidence, boost competitiveness, promote economic growth and increase opportunities for jobs and prosperity. I hope that no one is deterred by stringent measures for fear of the European Union being depicted as the bogeyman by the Member States, as the truth is that Member States need external pressure, possibly even a bogeyman, because they cannot cope with the task alone in the age of globalisation. President of the European Council, the conclusions we have read, which are the work of your task force to a very great extent, will put the Union on the path towards the necessary structural adjustments, and in that respect we welcome them. I have two questions, however. The first is that more than half of the governance package must be decided on using codecision, yet you are asking for fast-track procedures to be used in the decision making. I wonder, then, whether you are leaving the Economic and Financial Affairs Council (Ecofin) sufficient scope to negotiate with Parliament and to allow Parliament to play its role to the full, as that is what we want. Secondly, and finally, the European Council opposes automatism in the system of sanctions: no treaty amendment, no opening of Pandora’s box. On the other hand, however, you yourself are proposing to amend the treaty to enable the creation of the permanent crisis mechanism, a mechanism we need. Where does that leave Pandora, I ask myself. Thank you in advance for your answers."@en1
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