Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-15-Speech-3-092"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-12-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Preparations for the European Council meeting (16-17 December 2010) - Establishing a permanent crisis mechanism to safeguard the financial stability of the euro area (debate)2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20101215.5.3-092"2
lpv:hasSubsequent	lp_eu:2010-12-15-Speech-3-9962
lpv:speaker	lp:Astrid Lulling2
lpv:spokenAs	member; FEMM (2009-07-16--2012-01-18)3 member; Delegation for relations with the countries of Central America (2009-09-16--2014-06-30)3 member_of_the_bureau; EPP (2010-02-25--2014-06-30)3 member; Quaestors (2009-07-15--2012-01-16)3 substitute; AGRI (2009-07-16--2012-01-18)3 member; Parliament's Bureau (2009-07-15--2012-01-16)3 member; ECON (2009-07-16--2012-01-18)3 quaestor; European Parliament (2009-07-15--2012-01-16)3 unknown; Parti chrétien social luxembourgeois (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-16--2014-06-30)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3
lpv:translated text	"While events of recent months demanded that governments take emergency measures and decisions that could be applied directly, the establishment of a permanent crisis mechanism to safeguard the financial stability of the euro area must be founded on unquestionable legal bases. Consequently, it is evident that the European Parliament must intervene as colegislator to implement the fundamental reforms that have become necessary to stabilise the economic and monetary union. A purely intergovernmental solution cannot be the right answer. The reform of the Economic and Monetary Union (EMU) is a crucial task and one with considerable implications. We are all aware of the value of the single currency to the European project. However, the current fragility of the EMU requires courageous and innovative solutions. In a context such as this, recourse to ‘eurobonds’ is a course of action which deserves to be explored and debated and not be treated as a no-go area. Nonetheless, at the present time there are many obstacles. We must be aware of the significance, on an institutional, legal and financial level, of the introduction of such an instrument, which changes the nature of the European Union. Counter to what some of its advocates believe, it would mean even greater discipline and rigour."@en1

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