Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-22-Speech-3-234-000"

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"en.20110622.18.3-234-000"2
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"Mr President, the package of measures on economic governance is a businesslike response to the obvious problems of an economic and financial nature that have long plagued the European Union. The economic crisis has led many eurozone countries into serious debt problems, and it is clear that the rules of the stability pact did not protect the currency union from the results of amateurish and irresponsible management by the governments of some countries. Even though I do not think the European Commission should have more powers than it had previously, I agree that the European currency union must establish a more precise mutual control mechanism for budgetary policy. Some members of the currency union are paying for the irresponsibility or adventurism of others, and a move towards greater transparency and clearer budgetary rules leading to the avoidance of long-term problems in our countries has therefore become essential. It will be important, however, for us also to apply the rules we adopt consistently, and not to produce all kinds of exemptions from them"@en1
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"(The President cut off the Speaker)"1
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