Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-063-000"
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"en.20111213.5.2-063-000"2
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"Mr President, Mr Van Rompuy, Mr Barroso, the cheers that accompanied this agreement have already stopped. Is anyone surprised? The package offers no immediate solution to the crisis: no pooling of debt via Eurobonds – even though they have Mr Van Rompuy’s backing – and no strengthening of the European Financial Stability Facility or provision of a banking licence to enable it to raise funds via the ECB, which will not intervene in sovereign debt matters. What happened to using the tax on financial transactions as a fair taxation tool and an own resource? Perhaps there is no longer any urgency.
After all, Mr Sarkozy, having pushed through two austerity plans in order to maintain France’s AAA rating, declared yesterday that a rating downgrade was not such a big obstacle to overcome. Who are they trying to kid? In the longer term, this agreement will be one of sanctions and fear, and it will put a little more pressure on the Member States, which are already struggling. The austerity policies decreed by ‘Merkozy’ are set to plunge Europe back into recession, and Europeans into unemployment. Where is the solidarity? Where are the jobs and growth?
Europe is not a poor Union, but it needs to revitalise its industry, develop its infrastructure and offer its young people prospects for the future. This requires investment, which the Member States and the Union should be helped to finance. This is what justifies revising this Treaty. Any other decision would mean bypassing the national parliaments and the European Parliament and would thus be undemocratic.
How can one explain the fact that a future French presidential candidate consulted neither the opposition parties nor his parliament before pledging his country’s signature? That is something that no one can understand or accept."@en1
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