Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-304-500"
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"en.20120202.31.4-304-500"2
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"The outcomes of the EU summit of 30 January, 2012 were received with mixed reactions by colleagues. From my perspective, I welcome the announcement on the new fiscal treaty and hope it will be implemented without further delays. The Council’s decision to focus on growth as a complementary means to austerity is essential, since strict budgetary rules alone cannot solve the deepening of the crisis. Supporting SMEs, entrepreneurship and self-employment initiatives are the only way to encourage economic expansion, job creation and improving the EU’s long-term competitiveness. On the other hand, I deplore the fact only 25 Members rather than the whole EU decided to join the treaty. Because the agreed treaty does not really guarantee fiscal stability, coordinated action between all 27 EU Members is needed to restore investment and growth to Europe. Another point of contrast to EU shared solidarity is the exclusion of the European Parliament from participating in future meetings on EU governance. As a directly elected body, the European Parliament must be involved on a basis of equality with other EU institutions. Trying to address remaining challenges – the question of Greece for example – what we really need is leadership, flexibility and, above all, unity."@en1
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