Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-107-500"

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"en.20111213.5.2-107-500"2
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"The current economic and financial crisis has increased the inequalities and macro-economic imbalances, while last week’s European Council meeting has produced a number of measures which are particularly important in terms of consolidating fiscal governance and coordinating economic policies long term. The results achieved mark a first step in the right direction, but they are not enough to resolve the state debt crisis or other problems which we are currently facing. The reluctance of some European leaders is unacceptable during these particularly difficult times for us. I would like to congratulate the Member States which, although not part of the euro area, have shown their confidence in and support for continuing the common European monetary project. The decision made by these states to sign up to an agreement is beneficial to the whole European Union. I think that, now more than ever, the EU needs to take action and make itself heard through a single, common, powerful voice, demonstrating that we share the same interests. This is the only way that we will successfully restore confidence in the financial markets, in the single currency and in our common European project."@en1

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