Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-05-31-Speech-3-201"
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"en.20060531.18.3-201"2
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"The report on the expansion of the Euro zone being debated is uncommonly unprofessional and meaningless. It lists known truths.
In Point 1, requirements like the independent Central Bank and the conformity of the legislative system with the Maastricht Agreement are mistakenly included among the Maastricht criteria.
The goal named in Points 4 and 5 – the stability of the Euro zone – needs clarification about what stability is, when not one of the 12 Euro zone members managed to meet all criteria at the time of accession and continue to infringe them to this day, especially the inflation and non-excessive budget deficit indicators, and what damage can expansion do?
Discrimination against Euro zone candidate countries is obvious when double standards are applied.
An indicator stability requirement, not made previously, must now be fulfilled prior to expansion, irrespective of the fact that today's economic and political situation is different from that which existed 15 years ago when the Euro zone was created.
I urge the Commission and the Council to take the EU's economic and political realities into account, to improve the Maastricht criteria and implement them in all Member States and continue the expansion of the Euro zone."@en1
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