Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-270-000"
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"en.20110928.19.3-270-000"2
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"The ECR has always supported the eurozone’s efforts to find a way out of the crisis and to ensure that it does not happen again. It is regrettable, however, that the chosen way of doing so requires that the whole of the EU, and not just the eurozone, must be subject to the new and intrusive powers that have been handed to the Commission through the economic governance package. The ECR cooperated fully to make the new system as effective, accountable and transparent as possible and to reduce its impact on the Member States outside the eurozone. It is a shame that governmental profligacy and contempt for the Stability and Growth Pact has required such a system to be put in place, and we hope that all Member States have now learnt that fiscal prudence is essential at all times, and not just when times are bad. We have voted against this report as it does not inspire confidence that the lessons of the crisis have been learnt, and in this case we doubt that Parliament’s vote will assure the markets that proper action is being taken."@en1
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