Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-369-000"

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". Mr President, Commissioner, I would first like to say on behalf of the European Conservatives and Reformists Group that we very much want the European area to be a prosperous area and an area of economic and social stability. Nevertheless, just like Mr Gauzès, I think the proposal we are talking about today first and foremost deserves a more general debate. It is also necessary to view the debate in the context of what we heard today from Mr Barroso, who told us that banking union is only part of the plan for deeper currency union, for the completion of fiscal union and for the completion of political union. These cannot be separated. We simply do not agree that banking union is the miracle solution to all current economic problems. We believe that individual Member States must make serious structural reforms, and we see instead in the banking union proposal a postponement of these reforms, we see instead something that helps states to leapfrog them, something that transfers all debts to the supranational level and something that for a time, shall we say, should address at a supranational level the serious, profound and age-old problems which this proposal addresses only in the short term. If I am saying this, and if what Mr Barroso said today holds true, then we must say that such a process has to be legitimised in a fundamentally democratic way. It cannot take place - and I apologise to the chamber - but it cannot take place only in these half-empty rows of seats. It must be the subject of serious and profound debate in the individual national parliaments. Citizens must be seriously informed about what is being planned, about what the consequences are for their states and for their pockets, what the benefits are and what the costs are. In my opinion, this is not possible without a fundamental and serious debate."@en1
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