Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-181-000"

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"Madam President, I rejected the report on the ‘two-pack’, but not because I do not believe in the need for stricter, clear rules on the path to fiscal union. Naturally, if the EU wants to survive, then it needs a new basic framework of confidence and stability. No, I rejected the report because this debate is being misused by those who think it can be used to pass a road map for the communitarisation of European debt and to bring in eurobonds at the same time. Ladies and gentlemen, debt redemption funds and eurobonds will prevent national reforms and extend the agony of debt. That would poison European cohesion. The glue that holds us together has always been freedom, values and reciprocal responsibility. We cannot have the EU unilaterally imposing burdensome responsibilities on a few countries. The population of Austria, of the Netherlands, of Finland and Germany will never accept that, and candidate countries for the euro will also see it as a great deterrent. I am genuinely in favour of stability, but I am against unilateral burdens."@en1
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