Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-292-921"
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"en.20120613.24.3-292-921"2
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"The ongoing global crisis has made clear the lack of political involvement in supra-national economic governance, especially in the European Union. When, way back in 1988-1989, European leaders took the brave decision to begin convergence of the Member State economies with a view to the single currency, both by completing the internal market and by coordinating the Member States’ economies, it was made very clear, from a pro-EU point of view, that this objective could only be fully achieved by twinning the pillar of monetary governance, under an autonomous European Central Bank, with the pillar of economic governance exercised by Commission, Council and Parliament. Only the two pillars together could underpin the future of the European Union. However, this sharing of responsibilities has to be combined with the sharing of opportunities and economic results. Just as, at the national level, varying rates of regional economic growth are balanced out by single-state governance, including by joint participation in the public debt, the same should happen at European level in relations between Member States, which should evolve, making shared, cooperative and reciprocal destinies a reality. I think that this report and the amendments that have been adopted are in line with this view."@en1
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