Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-07-Speech-1-174-000"

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"en.20110307.21.1-174-000"2
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"Mr President, I think that this is a unique coincidence, because I am going to speak about the very same topic. The aims of the ‘competitiveness pact’ are intended to bring together the euro area economies by means of far-reaching structural reforms, and its main objective is to increase the competitiveness of the euro area and to strengthen international confidence in the euro area. Although the pact does include a number of useful goals, referring, among other things, to the fight against deficits or the reforms of pension systems, we must be aware of the risks it carries. Firstly, the way of announcing the initiative itself, carried out without consultations with the governments of the remaining countries, sets a dangerous precedent; in fact, it perpetuates the stereotype of the quiet Franco-German tandem, which decides on the key issues of the EU without asking its partners for their opinions. Secondly, the project has been received in many countries as yet another attempt to create a two-speed Europe, whose nucleus is formed by the economically most competitive states. Admittedly, the initiators of the pact did invite states from outside the euro area to participate; however, there is no doubt that this is a purely tactical move. Considering the rise in protectionist sentiments in many countries of the euro area, one may presume that the imposition of the pact’s stringent requirements will result in the euro area becoming a threat to, or restriction of, the common EU market. Thank you very much."@en1
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