Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-15-Speech-3-090"

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"At the forthcoming European Council summit, decisions will probably be made concerning the form of the permanent anti-crisis mechanism which is to safeguard the financial stability of the euro area after 2013, and the process of making changes to the founding treaties will begin. While I understand the need for exceptional measures which has been brought about by the economic crisis, I do, however, have concerns over the speed of the changes and the way in which some Member States are trying to impose certain solutions on others. Some of the ideas – such as eurobonds, for example – are being rejected without careful consideration. I think that in spite of the exceptional situation, decisions which are important for the European Union should be made calmly and with respect for the principle of solidarity and the equal rights of all Member States. I would also like to endorse the position of the Polish Government on the changes to the way in which the level of public debt is calculated. Poland and 10 other EU Member States have undertaken reforms of their pension systems, and these reforms are currently generating significant costs for national budgets. In Poland’s case, the introduction of reforms was made necessary by the growing inefficiency of the old system, which was a source of ever greater costs. The current debt is not, therefore, indicative of a lack of prudence, but is the effect of changes whose long-term objective is the reduction of budgetary expenses allocated to making pension payments. I hope the Member States’ representatives will agree to the changes suggested by Poland. Thank you for your attention."@en1

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