Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-15-Speech-2-433-000"

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"en.20110215.25.2-433-000"2
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"Mr President, changing the Treaty is not something we should enter into lightly, especially given the fact that the Lisbon Treaty took considerable work and negotiation. Therefore, this Parliament and the Council must be very restrained in how we now set about amending it. This change is necessary in order to protect weaker eurozone economies. However, the positions of those Member States who are not part of the euro must also be upheld. This Treaty change will not solve the failure of Member States to live up to their agreements under the Stability and Growth Pact. It will not solve the underlying problems of huge public deficits, nor will it make the EU more competitive on a global stage. It is merely a stop-gap measure that should give us more time to get the individual eurozone and our collective houses in order. Each of the EU Member States needs to look at its own public spending and tax policies and devise realistic programmes to reinvigorate our economies. One line of text added into an international agreement, although necessary, will be no substitute for real reform and prudence. Therefore, a real strategy for global competitiveness needs to emerge."@en1
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