Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-24-Speech-3-043"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-11-24"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting (28-29 October) and economic governance (debate)2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20101124.4.3-043"2
lpv:hasSubsequent	lp_eu:2010-11-24-Speech-3-0442
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 member; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)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, let us be frank. The solidarity mechanism for sovereign debt has not worked and does not work, the price of Greek debt has not fallen, Ireland is in economic turmoil and contagion has not been contained. When a process was set up it was done too late. It is intergovernmental and should have existed in another format from the time that the euro was initially created. The President of the Commission is now proposing a consolidation of this system. However, the involvement of the private sector is suggested for a third of the instruments that are proposed. We had already heard that proposal made to Chancellor Merkel, and the markets soared as a result of that premature and untimely announcement. Parliament will use all its powers and the greatest responsibility and spirit of cooperation in the codecision process accompanying the legislative package on economic governance, but it will not do so by sacrificing urgency and speed, putting quality in second place. To be clear, therefore, Parliament will actively participate, but a matter as serious as resolving sovereign debt cannot be decided as a marginal issue or without the involvement of the European public and its representatives; the two elements go hand in hand. Lastly, we Europeans need a clear European vision in this time of crisis. There needs to be a European mechanism for consolidating sovereign debt. Eurobonds need to be issued and the euro area must be protected in a sustainable way through European, not intergovernmental, systems. The European budget needs to be strengthened, as we cannot continue with 1% of the level of the European budget, and growth and real convergence should be at the heart of Europe’s political priorities. The Commission and the new President must uphold this agenda. The President of the Commission cannot be beholden to the Ecofin Council. This is what we need to show the European public."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph