Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-12-Speech-1-128-000"

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"en.20110912.22.1-128-000"2
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"Mr President, it has been well demonstrated that the whole idea of the euro zone – a single currency value for 17 very different economies – is flawed economically. Its purpose, of course, has been to facilitate political integration. When the euro zone shows signs of unravelling, the logical remedy would be to unravel it completely. However, the chosen remedy is not less Europe, but more Europe. The German Finance Minister, Wolfgang Schäuble, has said that a new constitutional treaty is required. This has been described by Herman Van Rompuy as the establishment of a United States of Europe. The British Conservative leader fantasises about having some sovereignty returned to the United Kingdom as the price for agreeing to federalism being foisted on the euro zone. Such a deal would not only be immoral, it would also be self-defeating in the long term. We would have helped to create a monstrosity to which a future British Government could feed the United Kingdom."@en1
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