Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-283-000"
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"en.20120613.24.3-283-000"2
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"This report exacerbates the provisions of the ‘six-pack’ and the Treaty establishing the European Stability Mechanism that is currently being ratified. It gives the European Commission, an unelected body, the power to subject any Member State in the euro area to austerity plans and surveillance missions, which it alone will determine. The Council will only be able to repeal these decisions within 10 days and by qualified majority.
The text sets out the broad guidelines for the future adjustment programmes, too. They will also have to promote free competition, particularly in the area of public procurement. To cap it all, this text would apply to the countries that already receive ‘financial assistance’ and it therefore changes the conditions under which those countries could free themselves from the supervision of the troika.
As regards the ‘legal protection’ proposed, it would only come into effect in 2017 and would focus on reimbursing the countries’ debt interest without any legitimate grounds. I voted against this report and I condemn it."@en1
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