Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-068-000"

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"Mr President, Ms Vestager, Mr Rehn, with these two reports, I think the important message that Parliament can bring to your work is that we must begin to improve consistency, since we can plainly see that the crisis we are sinking into, or have already sunk into, requires us to be perhaps a little more consistent. We cannot demand a lot from certain Member States and, at the same time, give nothing back, and we cannot wait until the end of the whole affair to reward them for their efforts. It is entirely a matter of governance – modern, intelligent governance adapted to the reality and severity of the crisis facing us. To achieve this consistency, when we draw up our economic policies, we must bear in mind everything we have learnt and everything we know about the extent of the macro-economic imbalances and the need to correct them. That means that the policies introduced must be evaluated, in terms of timing and criteria, according to how well they address these macro-economic imbalances. Secondly, Ms Vestager, the banking union question will clearly be at the heart of the discussions at the European Council on 28 and 29 June. The message I think this Parliament can give there, particularly with Ms Ferreira’s report, is one of balance. There must be a balance between a new approach in the Council debate to the challenges of growth, of which we are one of the main axes in Ms Ferreira’s report – which I hope will be given considerable support by this Chamber – and managing the debt issue. This balance between the way the debt question is addressed and the need for real growth – not merely internal market liberalisation but, above all, growth aiming at the long term and at investment – will at last enable us to give Europeans new hope."@en1
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