Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-047"

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"en.20100706.4.2-047"2
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"Mr President, it is common knowledge that the Spanish Presidency was highly problematic. Instead of seizing the bull by the horns in the traditional Spanish manner and pushing through the necessary new regulation of the financial markets and the rating agencies quickly and courageously, the Spanish Presidency took refuge in attempts at appeasement, and postponed weighty projects to be dealt with by the next Presidency. The Spanish Presidency was announced at the start of the year as a landmark in history. In fact, six months were pointlessly wasted, and the wrong turning of centralism enshrined in the Treaty of Lisbon blindly followed further. Since Spain is well known to have massive financial problems itself, it was, among other things, overwhelmed by management of the financial crisis. Under Spanish leadership, the political meaninglessness of the EU has again been brought to the notice of the world. Important meetings have fallen through, and it was only possible to agree on stop-gap measures. Nevertheless, the Presidency was unique. Never before have the EU treaties been so massively broken as by the rescue packages costing millions, which will soon come tumbling down on our heads, as they have merely postponed dealing with the EU’s real problems."@en1
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