Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-23-Speech-3-044-000"
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"en.20110323.15.3-044-000"2
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"I voted against the report on amendment of the Treaty on the Functioning of the European Union with regard to a stability mechanism for Member States whose currency is the euro. The Heads of State or Government of the European Union have responded to the economic crisis with austerity measures and public spending cuts. These measures and policies have brought the workers to their knees in most countries in Europe, in that they take the form of wage cuts, pension cuts, cutbacks to social rights and soaring unemployment. Basically, they are being forced to pay for the consequences of the economic crisis by those who caused it. This amendment to the Treaty paves the way for stepping up austerity measures and ‘tops off’ a package of ‘supervisory’ measures which includes the economic governance package and the European semester. The ‘pact for the euro’ basically overrides national economic policy and almost forcibly turns the institution of the euro area into a tool for Germany to exercise its economic policy. I also disagree with this particular use of the simplified procedure for revising the Treaty. I believe that the most appropriate method for amending the Treaties is by referendum in all the Member States."@en1
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