Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-23-Speech-3-056-000"

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	"fr"^^xsd:language2
lpv:document identification number	"en.20110323.15.3-056-000"2
lpv:hasSubsequent	lp_eu:2011-03-23-Speech-3-056-2502
lpv:speaker	lp:Louis Michel2
lpv:spokenAs	member; Delegation to the Cariforum — EU Parliamentary Committee (2010-06-16--2014-06-30)3 unknown; Mouvement Réformateur (2009-07-14--2014-06-30)3 member_of_the_bureau; ALDE (2009-07-20--2014-06-30)3 member; LIBE (2009-07-16--2012-01-18)3 substitute; DEVE (2009-07-16--2012-01-18)3 co-president; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-17--2014-06-30)3 member; Conference of Delegation Chairs (2009-09-17--2014-06-30)3
lpv:translated text	"The debt crisis in the euro area has proven the need to establish an economic union and economic governance as quickly as possible. The European stability mechanism is an important aspect of the measure aiming to strengthen the budgetary discipline and coordination of the Member States’ economic and financial policies. It is the first step in a series of changes required to establish a credible economic government. The permanent stability mechanism is the subject of an intergovernmental agreement, which unfortunately means that the unanimity rule will be applied. This is a dangerous approach as it could play into the hands of Eurosceptics. Ideally this mechanism should have been incorporated into the Community system. Indeed, the Commission should be able, in agreement with the Member States, to manage the objectives of the permanent stability mechanism rather than being limited to technical monitoring. Lastly, while it may have been necessary to use the simplified revision procedure in this case, I believe that it must remain an exception."@en1

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