Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-01-18-Speech-3-147-000"
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"en.20120118.19.3-147-000"2
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"The European Union finds itself in what is probably the deepest crisis in its history. Under pressure from Germany, European leaders have agreed on a new treaty to tighten fiscal discipline in the euro area and deepen economic integration. These steps should help to solve the debt crisis. The form of the new treaty, agreed at the European summit, was vetoed by the United Kingdom, however, which sought concessions in exchange for supporting the changes to existing EU treaties. Bypassing the British veto, leading EU representatives, led by France and Germany, are promoting a new treaty outside the legal framework of the EU. The crisis in the monetary union is a result of macroeconomic imbalances. It was not caused by irresponsible management, and if we are insufficiently aware of this fact, then the recipes based on this logic will not work either, of course. France and Germany basically announced their own decision without consulting the standard methods or the other Member States. If the EU is to work on this principle, and if the Franco-German proposal is to be promoted from the institutional perspective, in my opinion in an absolutely undemocratic manner and contrary to the fundamental values of the Union, then the democratic legitimacy of the process is really questionable in this case. I firmly believe that if we sacrifice democracy in favour of the power games of the strongest European nations, it will literally be civilisation that loses."@en1
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