Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-01-Speech-3-069-500"
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"en.20120201.12.3-069-500"2
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"Like many of my countrymen, like much of my S&D Group, like many commentators and citizens across the EU, I am wary of the need for this ‘Fiscal Compact’ treaty. That the smaller and indebted states need to show the larger and more stable economies that we are serious about reform is fully accepted in Ireland and elsewhere. Whether or not this should extend to a treaty which simply reiterates much of which was included in the recent six pack, and indeed the Maastricht Treaty many years before that, is more debateable. If this treaty truly helps Europe to get back on its feet, and produces a more fair and balanced union, then I commend its authors on a visionary text. If, however, it fails to achieve these objectives, it will be seen as a folly, and at this juncture it would be generous to suggest that it could equally go either way."@en1
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