Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-22-Speech-3-217-000"

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"Mr President, Commissioner, ladies and gentlemen, this debate offers the opportunity to address the issue of a new agreement on governance in the European Union, to send a strong and unified message, to restore solidarity to the EU and to dispel speculation. It is a fact that in years gone by we have weakened the Stability and Growth Pact. An equally incontrovertible fact is that this was a mistake and we are paying the consequences. We must go back to rules of fiscal discipline, and this is the real issue, the real debate that we must have among ourselves. Procedures should be automatic so that we do not have the same experiences that we had with the old Stability and Growth Pact. I think that there is only one way to get out of the crisis; there are no shortcuts. The answer lies in national policies, in carrying out planned and agreed commitments. Solidarity between EU Member States must be accompanied by a sense of responsibility and must respect rules that Member States cannot and must not knowingly violate. Clearly in all this we cannot forget the importance of growth, which brings in internal revenue, and structural reforms to get struggling countries back on their feet. Structural reforms aimed at boosting the competitiveness of economies and the potential for growth must be the priority on the political agenda. I disagree with those who argue that the new Stability and Growth Pact will prevent States from developing. Rather, it will prompt them to clear out the dead wood, to modernise, to undertake those structural reforms that are the trigger for kick-starting the economy. Thanks to these and strict adherence to the rules established by the new Stability and Growth Pact, I am sure that the EU will gain in strength and will be able to face new challenges without assistance policies and, worse still, outdated slogans that lead nowhere and do only damage, especially among the weakest members of society."@en1
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