Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-15-Speech-2-423-000"
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"en.20110215.25.2-423-000"2
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"Mr President, I would first like to talk about the scandal that is the so-called ‘simplified’ procedure – in reality a treacherous one – for amending the Treaty.
There is no real debate and, as usual, no direct consultation with the people. This is not an innocuous subject, however. This is about making the European financial stabilisation fund permanent. What does this fund represent, though, other than the possibility of creating a European debt, to be eventually taken on by the Member States, which are already in too much debt, and which could find themselves obliged to cover this European debt before covering their own debts? In a way, this is the economic policy of Sapeur Camember – the main character of a humorous book in France – the soldier who is ordered to fill in the hole in the barracks yard and who, in order to fill it in, creates another one right next to it.
In exchange for Germany’s participation, we will be permitted a pact, termed a competitiveness pact, the details of which, according to a note from the French Government’s Secretariat-General for European Affairs, were not supposed to be known. In fact, they are known only too well. This will be a cure involving real austerity, supervision and an increased standardisation of budgetary policies.
This is about extending convergence, I quote, to all policies which have an impact on competitiveness, even if, in principle, they fall under national competences. In short, this is about transposing to the entire euro area all those German policies of which Mr Sarkozy dreams so much. There is nothing acceptable about this, any more than there is about the alternative of a homogeneous European sovereign debt market plus an increase in the European budget and the creation of a specific tax to fund it. We must do something else."@en1
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