Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-043-000"
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"en.20110914.3.3-043-000"2
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"Mr President, we are all part of a whole, and nobody can survive alone. This emergency requires a joint effort and sacrifice. It is now being demanded that the Union show leadership, and that the mechanisms for governing and decision-making function in real time. The monetary union cannot survive without unambiguous political leadership.
It needs economic governance, a common budget, a certain level of fiscal harmonisation and an emergency plan. Therefore, we first need to regulate public accounts, correct macroeconomic imbalances and stimulate competitiveness. No country should spend more than its economic growth allows.
On the other hand, the intergovernmental nature of the financial stability mechanism is regrettable. The European Union needs a permanent crisis resolution mechanism under the Community method: a European Monetary Fund.
If Europe wants to see leadership, ladies and gentlemen, then those decisions must be driven by Parliament and the Commission, rather than by the Council, which is hindered and slowed down by the national governments. It is the responsibility of Member States to do their homework in order to help with the decisions of the Union as a whole, and to do all they can to succeed in this vital task: achieve economic growth and create employment.
More than one year ago in Spain, the leader of the Popular Party, Mr Rajoy, expressed his support in the Spanish Parliament for a specific amendment to our constitution. Moreover just last week, the Spanish Parliament and Senate reached an agreement on the matter, after Prime Minister Zapatero gave his formal support.
The commitment to cleaning up public accounts cannot be an interim measure, ladies and gentlemen; it has to be permanent."@en1
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