Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-22-Speech-3-212-000"

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"Mr President, ladies and gentlemen, I would like to start by paying tribute to all those who have been working hard on this package of late, but I also support the previous speakers from my group. To us, this package is not sufficient and it is not balanced. This is not so much a matter of technical detail, but of essence: what are we putting the emphasis upon? What should be the objectives for a more integrated economic policy? It is therefore not true that we do not want European economic governance, but we do need to ask ourselves how we should define it, what the essence of European economic governance is. Obviously, the current crisis has made it clear that a monetary union also requires economic cooperation. It seems that some sort of design error has crept into our financial blueprint and we need to rectify that. For us, this is about much more than just agreeing to cuts and achieving budgetary objectives. Yes, Mr Langen and ladies and gentlemen, we are indeed in favour of sound public finances, but what is key for us is how we can all move forward, how we can crawl out of this morass. How we can prepare for the future and, therefore, how we can create growth and employment through a common economic policy. In other words, by integrating an ambitious investment strategy into the system, by forging a link with the 2020 objectives, or to put it another way, by making joint arrangements, for example, to improve our education system, fight poverty and become more competitive and take on the competition from third countries through investment in research and development. By the way, it amazes me that some members, as was the case with Mr Verhofstadt just yesterday, are advocating an investment strategy while being content with this package. For me, personally, that is not consistent. We therefore consider the ‘six-pack’ to be a missed opportunity to put genuine economic governance in place."@en1
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