Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-073-000"
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"en.20120703.5.2-073-000"2
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"Mr President, Mr Van Rompuy, ladies and gentlemen, if we are about to hold the euro area’s funeral, we must admit that you, just like our Prime Minister, Mr Monti, have exactly the right look and physique for the part. This agreement sounds strange. We wanted to send a reassuring message, but this debate shows that it is built on shaky foundations, perhaps on nothing.
For Italy, unless the European Stability Mechanism’s role as a panacea is fully supported by the ECB – something that remains to be seen – Mr Monti’s victory will be exactly like Italy’s football win against Germany: a Pyrrhic victory. Perhaps we can be saved from this danger of a future debacle by Our Lady of Fátima, but certainly not by your indecision, uncertainty or by pulling the wool over our eyes.
Is what came out of the corridors of your summit true or not? Namely, the fear of Heads of State or Government that there will be a massive collapse in the banking sector which holds billions of derivatives thanks to your inattention, to tax havens, to everything that you allowed to happen. Why then, are you not straight with us about the heart of this problem: not state securities, but the great banking and financial collapse of the derivatives market, of financial speculation, given free rein by a certain world of finance that rules in Europe, and unfortunately also in my country now? Shame on you!"@en1
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