Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-23-Speech-3-042-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-03-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"cs"^^xsd:language2
lpv:document identification number	"en.20110323.15.3-042-000"2
lpv:hasSubsequent	lp_eu:2011-03-23-Speech-3-043-0002
lpv:speaker	lp:Jan Březina2
lpv:spokenAs	member; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 substitute; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 substitute; REGI (2009-07-16--2012-01-18)3 member; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 unknown; Křesťanská a demokratická unie - Československá strana lidová (2009-07-14--2013-06-01)3 member; ITRE (2009-07-16--2012-01-18)3
lpv:translated text	"The introduction of the stability mechanism for states paying in euro marks the first use of the simplified revision option in the Lisbon Treaty. This is a revision which should also be supported by countries not paying in euro, since the stability of the euro is undoubtedly in their vital interest. However, this mechanism should not be overused, in my opinion, and I am pleased we have upheld the idea that it should be activated only in cases where it really is absolutely essential. This is an important signal as regards the responsibility of states and of creditors, since it does not establish a ‘transfer Union’ in which financially irresponsible states would run their affairs at the expense of the financial standing of countries having consolidated public finances. In contrast to that, I am not concerned that the proposed revision would create the conditions for introducing a stability mechanism entirely outside the scope of the Union. The interpretation and application of the relevant provision of the Lisbon Treaty will, in any event, be under the control of the European Court of Justice. The willingness or otherwise of states to involve other Union bodies in this mechanism must be respected, and any intergovernmental nature of the mechanism surely does not have to be a priori at the expense of quality or democratic legitimacy. As long as the financial side of the stability mechanism is linked to national budgets, it is quite understandable and logical that the mechanism should have an intergovernmental nature."@en1

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