Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-014"

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"Mr President, it has sadly become a characteristic of some of those who speak in support of the European Union to believe that the solution to every problem is more integration. This approach misses the point. What Europe too often lacks is not extra mechanisms to implement agreed policies, but rather the political will to fulfil commitments which have already been made but not executed. I therefore earnestly hope that the Europe 2020 initiative, which is certainly necessary to deal with the underlying economic crisis faced by Europe, does not fail on the same basis. Concerning the eurozone crisis, however, we are told that, to avoid similar crises in the future, the Union needs powers to call for the prior presentation of draft budgets by sovereign governments and to impose tougher sanctions on Member States – but budget information was already supposed to be available; it was just inaccurate and poorly scrutinised. Would the quality of information and the competence of those analysing the data improve just because a more demanding procedure was introduced? Sanctions were previously available; they simply lacked credibility. Increasing their scope does not make them any more likely to be imposed. Would the new measures be taken any more seriously? Furthermore, issuing debt, which risks increasing the EU budget and directly guaranteeing EU lending, is a major departure that undermines the principles of sound public finance which we are supposed here to be reinforcing. In the ECR, we want the euro to be a success for the sake both of those who choose to join and of those in the wider European economy, but this requires Member States to take their responsibilities seriously, to be honest with each other, and to fulfil their agreed commitments. By its own admission, the Commission believes its proposals will lead to a substantial deepening of economic and monetary union. It is little wonder that, whereas the English version of the text of the March summit referred to ‘governance’, which is what the Commission has also referred to, the French version referred to ‘government’. It seems that, for some, a centralised European economic ‘government’ is indeed the ambition, but this would not address the problems we face: it would be bad for our citizens, for our Member States and, I say, for the European Union itself."@en1
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