Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-137-250"
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"en.20121023.5.2-137-250"2
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"The most recent European Council held in Brussels had the opportunity to discuss three issues regarded as pivotal to the future of the European Union, namely the Compact for Growth and Jobs, and economic and monetary union. In addition, reference was also made to the difficult economic and financial situation of Greece. I support the new Compact for Growth and Jobs being rapidly implemented to the tune of EUR 120 billion, the capital of the European Investment Bank being increased by EUR 10 billion, trans-European networks in the area of energy and transport being adopted, and the internal market being extended or the amounts for research and innovation or industrial competitiveness being increased. I am therefore critical of the lack of agreement between the Member States on the entry into force of economic and monetary union, with the decision having been made that the European Central Bank will not extend its responsibilities for supervising all European banks until next year. I would also stress that, if any Member State in receipt of external financial support manages to make the adjustment period more flexible, or if the bank recapitalisation amounts do not influence the budget deficit, all of the other countries should be entitled to receive exactly the same treatment."@en1
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