Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-01-Speech-3-078-500"
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"en.20120201.12.3-078-500"2
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"Following the example of all the French socialist Members, I abstained on the vote on the Council agreement on the draft intergovernmental treaty adopted by the Heads of State or Government on 30 January. This agreement is not only legally questionable, as it flouts the role of Parliament, but also harmful, because the budgetary restrictions imposed will not resolve the crisis but, on the contrary, can only aggravate the recession. The renegotiation that we are calling for is a logical consequence of that. We must create growth in order to come out of this crisis: this is an economic necessity, and the dogmatic view imposed by Merkozy is not remotely adapted to this. We must restart a virtuous circle by coordinating our economic policies with major joint industrial projects, particularly in the fields of energy and the environment, and by boosting major infrastructure. This can only be achieved through the creation of Eurobonds, which are completely absent from this text, and true regulation of the financial markets, which we have long been calling for. Mr Sarkozy and Ms Merkel’s obsession with strict austerity is becoming dangerous for the whole of Europe."@en1
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