Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-483-000"

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"Mr President, although Mr Barroso has rushed out of the House and left us alone here to continue the debate, it is hard to overlook the fact that the Commission work programme for 2012 is not designed to bring us hope in the midst of the crisis. This is a crisis which no longer affects just national budgets, but also the confidence of people in the European Union. It is threatening to become a crisis in European democracy. Responding to the consequences of over-hasty monetary centralisation by making further moves towards centralisation in the form of economic governance is the equivalent of jumping out of the frying pan into the fire. In addition, the proposed Treaty change will have to be subject to democratic approval in Europe and in the individual Member States. I am curious to see how that will be managed in the Netherlands, in France and in Ireland, where referendums will have to be held on these modified Treaties. Dividing off the euro area is perhaps the only real solution. This does not mean dividing Europe, because there are already some countries which are in the euro and some which are not. We need more Europe, but not more centralism."@en1
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