Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-16-Speech-3-048-000"

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"Mr President, it is telling and symbolic that this debate, which is supposed to be on economic governance, is on the euro area in the absence of the President of the Council. Are we already in the two-tier Europe? Do we need, as Pervenche Berès proposes, a separate Parliament for the euro area? The present crisis is not a crisis of the euro as a currency – it is a healthy currency. It is a crisis of excessive indebtedness. Dividing lines, if unavoidable although deplorable, should not go between the 17 and the 10. They do appear between macroeconomically healthy and unhealthy countries. It would be fatal to institutionalise a smaller club within the bigger club. That would lead to unravelling and undoing the reunification of the continent, creating disunion in place of the Union. For those left outside, it would be unfair and unacceptable to be ‘sort of’ expelled and then obliged to re-enter, for the second time, the true, so-called core Europe. A split Union will not work. A spread Union will not work, but will further disintegrate creating divergent levels of solidarity. A split Union would make the crisis deeper. The only answer is more convergence and more Community method. We should say no to this two-speed Europe. Many non-euro area Member States are much more in the first speed when it comes to growth, fiscal discipline and reform – my country Poland included – than some euro area member countries. Moreover, they are, with two exceptions, committed and obliged – no derogation, as you said – to join the euro area. Should that lead to institutionalising a ‘euro- and economically healthy Member States’ group also? Certainly not. That would be against our principles of unity and solidarity. The answer is centrifugal Euro Plus. It equals 23 at least. Euro area summits, President Van Rompuy, should precede – not follow – EU summits."@en1
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