Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-16-Speech-3-022-000"

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"If we look at public opinion, federalists believed this and still believe this. In fact, there is evidence that this is not true. Europe is no longer effective because the European telephone line is in Berlin and there is a small second line in Paris. That does not make for a unified Europe. Mr Schulz talked about the Congress of Vienna, one could pick any number of examples. I should like to say one thing about Treaty changes. There will only be Treaty change if this Parliament and the national parliaments – in other words by means of an agreement – really are the instruments for this Treaty change. If you want to sneak Treaty changes through the back door, this Parliament will oppose it, as will the federalist groups and the European groups. We need to realise this so that no time is wasted with false treaty changes. What has astonished me in today’s debate is, in fact, that the politicians are giving up and they are saying that what is going to save us is the European Central Bank’s intelligence. Everyone knows that the Central Bank will continue to shell out. Everyone knows that the Central Bank will set up its Eurobonds in its own way, but there is just one fundamental democratic problem: who controls the Central Bank? I am not criticising the Central Bank, I am just saying that you are telling us stories about the European Financial Stability Facility (EFSF) and you know full well that that will not resolve the crisis. Mr Monti will go straight to Mr Dragi and say: ‘How do we do it? I need 200 billion in spring. If I go to the market, that will be catastrophic, so I am coming to you’. In response, Mr Dragi will say to Mr Monti: ‘I will help you’. That is how it will happen and not with your small funds from here there and everywhere. Or we actually make a move towards Eurobonds and I think Mr Verhofstadt is right –, and the mighty Merkel will say to the five Wise Men: ‘I have my doubts’. That this lady should have doubts concerns me greatly. She already had her doubts about helping Greece before the elections in North Rhine-Westphalia. If we set any store by Mrs Merkel’s doubts, we are heading for disaster. I beg you, therefore, to put Mrs Merkel’s doubts to one side. If you are going to analyse the problems in Europe, I would call on the Commission to establish a European observatory on the investment needed in Europe to kick-start the economy. We need Keynes in Brussels. Nation states cannot keep on investing, not even Mr Verhofstadt’s Belgium, not even if he were Prime Minister. Everyone now knows that there can only be one European initiative. We need to know what to do to achieve this. As for us, we advocate green growth – as everyone knows – and ecological transformation. If we are debating the quality of investment, yet the Commission is saying: ‘We can not simply judge stability, budgetary deficits’; the need for investments then needs to be judged and the whole of Europe told. Then, if you are analysing countries, spreads, I want to hear about a spread: how can it be right that the minimum hourly wage in France is nine euro while in Germany, there is talk of introducing a minimum wage of five to six euro. You are going to tell me that that is economic convergence and that we can work like that in Europe. Utter madness! Mrs Merkel needs to be told. Such a rich country where almost 20% of the population live in poverty, it is utter madness! I want the Commission to take responsibility and say that Germany’s economic policy, with its export surplus, is madness when there are such inequalities in that country. This also needs to be said. I want to finish on this one note, Mr President: Europe sometimes needs 30 seconds more to survive. You need to know this. You shut up, OK? If you can’t stand the heat, get out of the kitchen. You know. Churchill."@en1
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"(Interjection from the floor from Mr Bloom)"1
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