Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-24-Speech-3-058"
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"en.20101124.6.3-058"2
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"Mr President, the forthcoming Hungarian Presidency will have to face the considerable challenge of implementing the amendment of the Treaty of Lisbon and introducing economic governance as soon as possible. Member States outside the euro area watch in astonishment as the euro area cracks on all fronts. We are bound by the Accession Treaty, and our ability to further catch up hinges on whether Europe’s richer half stabilises, and whether Community solidarity is able to supersede national self-interest.
We watch the Irish crisis and the problems of Greece, Portugal and Spain with concern and sympathy, and wait to see whether the euro area crumbles. The Council's decision, while late, as usual, was in the end the correct one. The introduction of economic governance may well signal a new era in the history of European integration, but its implementation could also be treacherous and full of complications. I am confident that the Hungarian Presidency will do everything in its power to guarantee success."@en1
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