Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-19-Speech-3-039-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-01-19"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting on 16-17 December (debate)2
dcterms:Language	"nl"^^xsd:language2
lpv:document identification number	"en.20110119.4.3-039-000"2
lpv:hasSubsequent	lp_eu:2011-01-19-Speech-3-040-0002
lpv:speaker	lp:Bas Belder2
lpv:spokenAs	chair; Delegation for relations with Israel (2009-09-17--2014-06-30)3 substitute; BUDG (2009-07-16--2012-01-18)3 substitute; INTA (2009-07-16--2011-06-16)3 vice-chair_member_of_the_bureau; EFD (2010-02-16--2011-05-22)3 member; AFET (2009-07-16--2012-01-18)3 member; Conference of Delegation Chairs (2009-09-17--2014-06-30)3 member; Delegation for relations with Iran (2009-09-16--2012-02-14)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 unknown; Staatkundig Gereformeerde Partij (2009-12-07--2014-06-30)3 member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3
lpv:translated text	"The European Council is going to establish a permanent emergency fund for the euro area. That may be necessary if we are to regain financial markets’ confidence in the government bonds issued by the weak countries of the euro. However, this also begs questions about the foundations of our economic and monetary union. Those who have been tasked with establishing this fund do not appear to feel confident that Member States are budgeting prudently or that they are adhering to the rules of the Stability and Growth Pact. I would have liked the European Council to have said more about the significant disparities within the euro area, including the different competitive positions of Member States. Would it appear that the diversity within the monetary union is too great to enable a uniform interest rate? Or are there adequate solutions to the differences in the competitive position, budget and social and economic structure of various Member States? To this end, any additional guarantees for the temporary emergency fund should be accompanied by concrete commitments and progress in cuts and structural reforms from the weak countries of the euro area. I wish the Member States within the Council the wisdom they need to determine this matter! Our objectives should be compliance with the agreements and ensuring that we do not allow things to go too far again. Therefore, both Member States and the European Commission have a great responsibility."@en1

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