Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-23-Speech-3-045-250"

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"en.20110323.15.3-045-250"2
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"I welcome today’s vote in the European Parliament on the proposed Treaty change. However, it is a matter of the utmost importance for the Heads of State Summit this weekend to honour its agreement with the European Parliament. As far as most MEPs are concerned, the process used by the Council in arriving at their proposed text is very unsatisfactory. If it were not for the fact that it is extremely important for the eurozone and that a permanent European stability mechanism (ESM) is urgently required, particularly for small Member States such as Ireland, I for one would be voting against the original proposal. The text we have agreed on in the European Parliament today is the minimum necessary to ensure legitimacy for the setting up of the Mechanism and its operation. However it does not signal any agreement by the Socialists and Democrats Group to the draconian austerity programmes expected of some Member States without reference to their economic sustainability."@en1
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