Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-412-000"

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"en.20121025.29.4-412-000"2
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"Mr President, ladies and gentlemen, I think the kernel of this issue lies in the title of this report, in the word ‘coordination’. In theory I would not be against measures aimed at maintaining equilibrium between the Member States’ economic policies since, in our hastily and poorly-constructed Europe, a deficit in one country has direct spill-over effects on the others. However, I cannot see how this type of coordination can develop. I am afraid that this amounts to the imposition of a common policy decided by Brussels. There are too many signs that this is the case, and I do not believe that the way out of the crisis is to give up control of fiscal policy too. The countries that were unlucky enough to join the euro have already lost all their monetary independence and I do not believe it is right to take this last shred of sovereignty away from them too. As far back as 1998, Umberto Bossi, the founder of my party, said that we would reach the point of having financial legislation faxed directly from Brussels. Events are unfortunately proving him right. We cannot and certainly do not want to continue being complicit in all this."@en1
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