Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-09-Speech-3-113-000"

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"en.20110309.7.3-113-000"2
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"Mr President, we are all aware of the current economic crisis and the danger it presents in general to our lives, in particular, to the euro, which is crucial for the European political and economic project. We need to maintain the stability of the eurozone in the principle of responsibility and solidarity for all Member States in need. That said, I would like to underline three points. Even when desperate times call for desperate measures and simplified procedures, in the long run, it is not possible to ignore transparency, parliamentary scrutiny and democratic accountability. The stability mechanism should represent the first part of a complex approach and permanent measures aimed at working towards the Union’s economic governance. The permanent stability mechanism, once established, should not exist outside the EU institutional framework. Let me finally thank our rapporteurs for the outstanding job they have done on this extremely important, urgent and complicated matter. Even without much information on the stability mechanism, it deserves a place in the EU institutional framework. I am very pleased that the President of Hungary will be coming here soon."@en1
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