Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-224-000"
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"en.20111013.19.4-224-000"2
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"The meeting between representatives of the European Council will certainly be dominated by the current crisis in the euro area. Although the European Union is facing a number of problems and challenges, this is undoubtedly the greatest. I firmly believe that European institutions must unequivocally adopt a more assertive stance. The inability to resolve the crisis in the euro area is undermining the legitimacy of European institutions and frustrating the citizens of the Member States. Progressive, prudent and consensual decision making, which is characteristic of the EU even in normal times and is the source of its legitimacy, must find its limits in this crisis, otherwise there is a danger of collapse. We should make every effort to move politically acceptable decisions towards realistic solutions in order to address the crisis. At the June summit, the EU Heads of State confirmed their commitment to do everything necessary to maintain the financial stability of the euro area as a whole. I firmly believe that next week’s October meeting of the Council will be the last opportunity to confirm these words. After then, it could be too late, because it is only a clearly defined and convincing plan of measures, prepared and approved in the presence of democratically elected representatives of the European Parliament, that could contribute to the restoration of confidence in the euro area and the EU as such. It would be a signal to both investors and citizens of the Member States that Europe can be relied upon."@en1
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