Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-15-Speech-2-434-000"
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"en.20110215.25.2-434-000"2
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"Mr President, I would like to thank all the participants in the debate and the Members of the European Parliament for their clear support for a communitarian approach, for a strong European Union, and for an appropriate role in the future mechanism which we are discussing today.
The European institutions – be it the European Union, the Commission, or the European Central Bank, or indeed the IMF – have contributed a lot to stabilising the situation in Ireland. I am sure that all together, we will do our utmost to bring back growth and prosperity to Ireland as well.
Our opinion was very clear, which is that we fully support the creation of the European stabilisation mechanism and see it as a very important part of the mosaic for a stronger and more economically prosperous Europe. We are working on increased supervision of financial markets, on better economic governance, with our six legislative proposals on the table. We started the first European semester with our annual growth survey, and this should be the last piece of the puzzle.
I also think that with this and with our debate today, and what I believe will be a positive decision in March, we are sending very clear signals to all those who are betting against the euro. If you bet against the euro, you will lose your money. That is a very important message to send out.
Therefore, the decision on this issue will be absolutely crucial, but I know that for this House, it is also very important that we respect fully the competences of the Union, we respect fully the prerogatives and role of the Union’s institutions. Of course, the Commission will definitely see to it that European law is always respected.
As we stated in our opinion, the Commission also stands ready to use its expertise in handling these mechanisms, because I believe that they should be in full coherence with improved economic governance, especially as regards the coordination and surveillance of economic and financial policies in the Member States, in particular, those of the eurozone.
Some of you have been concerned that we should not create a two-tier Europe. I think that the Commission’s position on this is also very clear: even though the primary responsibility for the euro currency remains with the eurozone Member States, it is very clear that any future cooperation mechanism must be open to others and that all the work we are doing to increase competitiveness and convergence must be for all 27 Member States.
So I believe that the process which we are going through, and in which financial markets also played a role in accelerating our integration, in accelerating our cooperation in the field of economic governance, should be very much welcomed, because it is definitely making our Union stronger.
I would like to thank particularly the two rapporteurs, Mr Brok and Mr Gualtieri, for their close cooperation, for the ideas which have been brought to the table, and for the consultations which the Commission has with the two rapporteurs on an ongoing basis. I believe that their good work will lead to a report which will be approved by this House in time, before the decision of the European Council is taken.
My last remark is to Mr Higgins from Ireland. He very correctly pointed to the quote from Commissioner Rehn, stating that the agreement was struck with Ireland – not with the government but with Ireland as a country. Of course, we expect that any future government would respect the deal. Having said that, it is very clear and it is very obvious that the Commission is very sympathetic to the current difficulties that Ireland is going through and will do its utmost to support a swift return to growth in Ireland."@en1
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