Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-27-Speech-4-098-000"
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"en.20111027.6.4-098-000"2
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"Mr President, Presidents, what we need is a major step towards federalism. If we want to benefit from the advantages of the European Union in order to respond to the crisis, and there are many advantages to be had, we do not just need budgetary and fiscal integration but political integration too. We have seen the limitations of the method of coordination that you continue to advocate. What has been your response? It has been to bring together the ministers for economic affairs and finance of the euro area and the European Union a little more frequently and to give the Commission increased powers of control over national budgetary processes. You are nonetheless well aware of what ‘austere’ stuff the Commission is made. You have done all that by keeping national parliaments very largely out of the picture, and increasingly, the European Parliament as well.
Mr Van Rompuy, Mr Barroso, what you are suggesting looks more and more like the Chinese model, a model which I think that we do not share. I hope that this is not the price to be paid for the loan that, through Mr Sarkozy and through Mr Regling, you are going to request from the Middle Kingdom."@en1
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