Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-30-Speech-3-080-000"
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"en.20111130.14.3-080-000"2
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"Madam President, Commissioner, two years ago, the breakup of the euro area and the end of the euro were simply unthinkable. Then the unthinkable became a nightmare and now we are on the brink of the nightmare becoming dreadful reality. There is no time to spare. There is drastically little time left, due to the inability of our leaders to adopt integrated decisions promptly. We are behaving like marathon runners in a sprint and our backs are against the wall.
A review of the Treaties is not the right response given the urgency of the matter, is not the right response in these critical times. The right response in these critical times is to adopt instant-return measures, from which we should not exclude a more active and dynamic role on the part of the European Central Bank. I am aware of the problems, I am aware of the counter-arguments, but I believe that, with strong political will and the right degree of flexibility, we will have in our hands the best possible weapon for dealing with the crisis right now."@en1
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