Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-600-000"

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"Madam President, President of the Council, President of the Commission, I, in turn, welcome the Commission’s proposals. In a particularly difficult financial context, the European Commission has delivered on the commitments given, in particular, to Parliament. On the expenditure side, the proposed increase is more or less what Parliament recommended; I will not go back over what our rapporteurs said. On the revenue side, a historic milestone has been passed. Parliament has been calling for this for four years. It has now been done. Proposals for new own resources are now on the table. The infernal logic of a fair return is finally being challenged and no government can brush aside the practical proposals being put forward. All national contributions will be reduced; the allocation of one percentage point of VAT had been accepted, even by Mrs Thatcher in the 1980s, and, quite recently, the study of a financial transactions tax was unanimously requested by the European Council. For the first time, therefore, a debate will open both on budget expenditure and on budget revenue. It is essential that this debate should be as wide-ranging, open and democratic as possible. That is why the European Parliament proposed to launch it as part of a major European financial conference with the participation of all national parliaments. We are counting on the Polish Presidency to specify, with us, its composition, timeframe and mandate. The Union showed solidarity in the financial crisis; the time has now come to put flesh on the details of this European solidarity so as to prepare our common future as we move towards 2020."@en1
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