Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-082-000"
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"en.20120703.5.2-082-000"2
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"Mr President, important steps have been taken in the right direction and growth packages welcomed, and stabilisation measures for the euro debt crisis are coupling both flexibility and conditionality. The move towards banking union is to be welcomed, and the road map for genuine monetary union is a good starting point. However, closer integration should preserve the unity and integrity of the Union of 27 and its single market. Agreed initial measures – some would say half-measures – should evolve into full measures of banking, fiscal and political union. Measures addressed to the EU of 17 only – some would say half-union solutions – should evolve and be open for all members, at least those which are willing.
We should avoid being satisfied with half measures for a half Union. We should not accept the logic of differentiation and a two-speed integration of the EU. Eurozone ‘ins’ and future ‘ins’ are, and should remain, in the same boat. Only those who opt out should practise derogations. Advanced integration of 17 at the expense of the disintegration of 27 is not an acceptable solution. We need an inclusive, not exclusive, format. We should preserve and cherish a single institutional framework and avoid having 17 restricted institutions in parallel, separate for ‘ins’ and ‘pre-ins’, resulting in interinstitutional cleavages. We should avoid dual-level solidarity, two parallel budgets and double macro-economic standards.
Collateral political damage done to the European project by half-Europe anti-crisis measures would be great. There is huge potential for growth in the EU maintaining integral economic and political unity. Unravelling this unity will not bring us closer to winning the battle with the crisis."@en1
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