Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-09-Speech-3-117-000"

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"Mr President, as has been said several times, sometimes, for the Commission to be heard, it must speak up. I will try to do this now. Firstly, I would like to thank the rapporteurs for their excellent cooperation and the Members for a very important debate. I think that we can definitely agree with many points which have been made in this discussion, especially that we need strong action at European level and that a future mechanism should be as close as possible to the Community spirit and the method. To react to the comments on our assistance to Greece and Ireland: I think our experience clearly demonstrates that we should be constantly searching for a delicate balance between preserving the sustainability of the debt and avoiding moral hazards. The fact that we are learning from the experience has, I think, clearly been demonstrated by the statements of my colleague, Commissioner Olli Rehn, in the last few days. At the same time, I think we have to remind ourselves that the circumstances we are living in are truly exceptional. The crisis is still here, recovery is fragile and markets are in turmoil, as we can see in the constant movements of the spreads. More importantly, European countries are suffering unacceptable pressure and they see their future as mortgaged by high interest rates on their debts. We therefore need to act, and we need to act fast. We clearly need to demonstrate our resolve. Setting up the permanent mechanism must therefore be done in the shortest possible time and as quickly as possible. What is very important – and this was the one condition on which the Commission was very insistent – is that it must be done within the framework of the Treaties. I agree with Mr Gauzès that swift action is needed, because we need legal certainty. I also agree with Mr Guerrero Salom, who said that we should not treat this as a precedent. I can assure him that the procedure which is used, and the type of cooperation which is proposed, is definitely not seen as a precedent by the Commission. I have to inform you that the Commission is closely associated with the preparatory work and that we consider it essential that we are also involved in setting up and operating this mechanism. As stated in Annex 2 of the European Council conclusions, the role of the Commission is expected to be central in the preparation of analyses and programmes for the future countries in it. But we believe that the Commission’s central role should be underlined even more strongly. Regarding the criticism of the method which was chosen, I have to say that we have seen good examples which such a method can result in, for example, Schengen or the third pillar. To conclude, just one sentence. When the Lisbon Treaty was being drafted, this type of cooperation, this area of cooperation, was considered to be too ambitious for the Member States. Now, however, real life, the real experience we have with interdependence and with economic cooperation, is clearly demonstrating to us that what we need is a European solution to this very important European problem. I believe we will achieve it."@en1
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