Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-445-000"
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"en.20110623.37.4-445-000"2
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"The ECR has always worked constructively to ensure that the eurozone can formulate a lasting solution to its sovereign debt crisis. The defects of the Stability and Growth Pact, in both its substance and its enforcement, have been obvious for some time; it is right that efforts are now underway to ensure a lasting settlement that works. We have contributed throughout the committee and trialogue process to ensure that the Parliament's preferred outcome is realistic, workable, and lasting. Nevertheless, we regret that what has been proposed by the Commission and endorsed by the Parliament is not a solution merely for the eurozone, but one that includes those whose currency is not the euro. Whichever way one looks at it, the package we have voted on is one which increases the powers of the EU at the expense of the Member States. It includes concepts that are innovative, such as reversed qualified majority voting and the fining of Member States, and ensures that national budgets are no longer a matter merely for national parliaments. So while we endorse the long term goals, we cannot endorse the means and have voted against those reports which do not confine themselves to the eurozone."@en1
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