Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-22-Speech-3-247-500"
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"en.20110622.18.3-247-500"2
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".
The economic integration of the European Union and in particular the euro has reached a juncture at which one can no longer turn a blind eye to unequivocal deviations from the criteria that have been set in order to safeguard economic stability in the Union. Therefore, I would call for enhancing the role of the Commission with regard to the economic governance of the EU. Ultimately, automatic mechanisms ought to be established and executed when certain Member States consistently breach the Stability and Growth Pact. The economic crisis has exposed the irresponsible financial and economic decisions of several governments, but it is the conscientious Member States that are paying the price. The crisis has taught us a painful, but all the more valuable lesson for the future. The Commission ought to be mandated to intervene without prejudice whenever it receives alarming signals from any Member State and the Council should not back the culprits. Much talked about solidarity will not be infinite and, unless we call the malefactors to order, the citizens of countries such as Estonia might lose their patience."@en1
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