Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-24-Speech-3-051"
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"en.20100324.12.3-051"2
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"Madam President, Mr López Garrido, Commissioner, is it normal that it should take two European Councils to resolve the issue of euro area countries showing solidarity with Greece?
I heard Mr Langen interpret the treaty. Yes, there is the treaty, the letter and the spirit. Moreover, when one reads Articles 143 and 122, none of the authors of the treaty bore in mind the fact that, after the changeover to the euro, we could be faced with a problem of the kind with which we are faced today. That is why we have to be creative; that is why we have to show solidarity. The idea of referring Greece to the International Monetary Fund seems to us – for those us who aspire to be responsible and consistent Europeans on the international stage – to be a complete nonsense.
There is one thing that we must do, and that we must hope the European Council will do, namely, to send out a message of solidarity with Greece and a message of responsibility regarding the issue of economic governance. That issue is now on the table; it is serious, it is unresolved. We must address it calmly, we must reduce the pressure and we must not start with the assumption that we have to, in principle, strengthen the tool – an ineffective one so far – that is the Stability and Growth Pact, because it was repressive before it was cooperative.
We need to pursue objectives in terms of public deficit, in terms of debt, but we also need to invent terms of cooperation, of good added value between members of the euro area. This is the challenge facing the European Council, and I hope that it will rise to it with a sense of responsibility."@en1
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