Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-008-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20121120.3.2-008-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
". −
Mr President, President-in-Office of the Council, Commissioner, ladies and gentlemen, when we speak today about the completion of economic and monetary union we are not holding a technical debate but a political debate. What we are doing today is making fundamental choices for the Europe that we wish to bequeath to our children and grandchildren tomorrow.
In the short term the interests of our Member States may well differ, but in the long term they will of course be in line with each other. As Members of the European Parliament we have a moral duty to think and to act for the long term in order to give Europeans decent opportunities in the future.
Moreover, we must approach this in such a way that our citizens are involved, because in the end they are the ones and the only ones that legitimise our policies. That, ladies and gentlemen, is what is at stake in the debate that we are conducting here today. The key words for me are crystal clear: hope and confidence. The confidence must return because business people and families must dare to invest and banks must again dare to lend money because the economic engine must start up once again to create growth and jobs.
We must also give people hope. There are prospects for improvement. We shall come out of this crisis stronger but only if we act courageously, decisively and energetically.
In this report we are giving an unambiguous signal to the heads of state or government. Each of the four pillars of the Van Rompuy roadmap must be very ambitious. In this way we shall show that European banking supervision really must come about and that the two proposals for regulations must be treated as one legislative package on which we can jointly decide via the ordinary legislative procedure. We shall demonstrate that supervision must be high quality within a European mechanism with accountability to the parliaments; that the Member States that participate must mandatorily or via an opt-in have equal rights in the supervisory board of such a mechanism; and that we as Parliament will perform our work on time so that hopefully by 1 January we can officially launch this mechanism.
The legislative proposals concerning deposit guarantees and a common framework for the resolution and restructuring of banks, the two other pillars of the banking union, must be dealt with as a priority. Afterwards we can look further into whether it is necessary (and in what sense) to work towards more European systems.
Then there is of course budgetary union, Mr President, which is not unimportant, because structurally healthy public finances are stimulating and absolutely vital. As far as budgetary union is concerned, in the first instance we must stand by and implement everything we have already decided here, that is to say: the six-pack. As it depends upon us, this week the two-pack trilogue negotiations must be finalised. Work must also be carried out with regard to income. The coordination of taxes must be looked at, tax fraud must of course be combated and damaging tax competition must be cleared up. The rapid introduction of the financial transaction tax (FTT) and the common consolidated corporate tax base (CCCTB), whether or not by means of closer cooperation, is essential. Parliament may find itself in the situation of a gradual transition to a debt discharge fund where the strict conditions required are satisfied, because in that regard we cannot afford to take any risks.
Through a stronger economic union we must of course complete all this so that we really aim for sustainable economic growth with more job opportunities and greater social cohesion. We now need structural reform in order to be able to reap the rewards in the future. There must be a better business climate, there must be a point to investment, the internal market must be completed, there must be a mid-term review of the Europe 2020 strategy and we must of course request that greater attention be paid, which we are in fact doing, to a number of basic social principles that we have set out in a social pact.
Now we come to the fourth pillar: democratic accountability and transparency. This is naturally of vital importance, because without democratic foundations no policy will stand up in the long term. Mr President, ladies and gentlemen, what we need to do today must not be delayed. We shall today make clear choices and the rest is up to the heads of state or government."@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples