Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-075-000"
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"en.20120703.5.2-075-000"2
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"Mr President, Mr Van Rompuy, ladies and gentlemen, I, too, have to say that I had got a somewhat different impression of the conclusions of the summit from reading the newspapers from my own and other countries yesterday and the day before. This morning you, Mr Van Rompuy – and you more than Mr Barroso, in fact – have dashed those hopes and have cast doubt on a solution that had been touted in the papers and all the statements as a turning point, a new approach and a chance for Europe to rebuild and restore real confidence.
I agree with Mr Barroso that it is a very important basic principle to make it clear in the various statements and in the final document that monetary stability in a modern economy can only lead to financial stability. Someone called it an historic statement; I see it as a basic premise to start from.
If the state bailout fund gives the virtuous countries that have access to the fund the chance to recapitalise, then there is a real prospect, a real possibility. The term ‘possible’ dominates the final document; of course I join those who are laying a huge responsibility on your shoulders right now. In your reply, you must explain effectively and decisively whether the Member States can really put plans into action and be confident that it is not merely a general, abstract reversal of a trend that is not going well and is not enough for the markets.
Everyone is said to be making do because we need to reach the end of the tunnel. I believe we are a very long way from the end of the tunnel and so, as regards putting plans into action, we had imagined that all the uncertainty of the previous year in Europe might be swept away by a real, effective decision to be reached at the Brussels Summit. Should we feel disappointed on this point? Should we wonder why it has not come true? Please tell us, Mr Van Rompuy, so we can avoid all these misunderstandings."@en1
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