Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-19-Speech-3-023-000"

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"en.20110119.4.3-023-000"2
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"Mr President, because this is a matter of such importance to the European economy as a whole, even though (thankfully) my country is not part of the eurozone, I welcome at least some of the measures that were agreed at the eurozone Council, and notably the fact that eurozone countries themselves should be responsible for sorting out their own problems. I also welcome the somewhat belated recognition from the Council that Article 122 of the Treaty is completely inappropriate for supporting the bail-out mechanism. These are not natural disasters and they were not beyond the control of the Member States concerned. However, in preparing the basis for that mechanism to come into force, perhaps in 2013, we should not forget the fact that we remain very much in crisis now. The situation is still very dire in a number of Member States: Portugal will almost certainly face difficulties, possibly Spain and possibly Belgium. But what is particularly of concern to me is the effect on natural democracy in these countries. These countries are, in effect, becoming economic protectorates led by Mr Barroso, Mr Van Rompuy and others. The decisions made by national electorates in these countries with regard to the spending priorities they adopt and the economic policies they pursue now have very little effect. They are under the control of Brussels and they are under the control of the international financial institutions. Once we get through this crisis, we really need to look at restoring democracy in these countries and restoring the will of their national electorates to be in control of their own national economic policies."@en1
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