Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-15-Speech-3-087"
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"en.20101215.5.3-087"2
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"Madam President, Commissioner, honourable Members, I personally find that the Commission has contributed a great number of responses to this extremely instructive debate, all the more so given that Parliament is closely involved in the response to this crisis. In addition to the Commission, I should like to address two issues relating to what is at stake tomorrow and the day after during this summit.
Firstly, I would like to make a point about economic governance and the involvement of the European Parliament. As you know, the Presidency has already made contact with the European Parliament, with those responsible for the matter of economic governance within this Parliament. Furthermore, the Presidency wishes to achieve the best possible collaboration with this Parliament, especially through informal consultation, before the formal stage of negotiations begins. In light of the importance of this issue and potential repercussions on the markets, the Presidency, as has been said, has made a commitment to fast-track it, in line with the European Council’s wishes. Furthermore, in order to expedite the work, the Presidency has set up a working group to deal with this issue alone. This group started its deliberations at the end of November, following on from the attention paid to the issue by the Committee on Economic and Monetary Affairs.
The second element on which our Heads of State or Government will focus tomorrow and the day after, is the future permanent crisis management mechanism. I do understand a number of questions about this mechanism, on the extent of the response to be made to the crisis. Yesterday at midday, in the company of President Van Rompuy, in the General Affairs Council, many of us still had unanswered questions. I can testify to you how much the Member States want to respond to this crisis, how aware they are that what is at stake today are the overall European market and the euro, and that it is not simply a question of one country after another. The response must be a comprehensive one and we must do all we can to reduce the uncertainties hanging over this market.
However, in my mind, we must also avoid arousing or creating expectations that cannot be satisfied at this time. Therefore, everyone contributed their own new idea about how we should respond to the crisis. When we know that we have to get agreement from a number of Member States for any new idea, this does not appear today to be the best possible solution. I must tell you that what will be important tomorrow, the day after tomorrow, Friday, at the conclusion of this European Council, is firstly that we can give a clear signal to the markets about the will of the Member States to respond to the financial crisis, to the euro crisis today; secondly, to affirm our will to set up a simple mechanism for amending treaties. You know precisely why this must be a simple mechanism on account of the ratifications which must take place in the different Member States; and, finally, to set up this future permanent crisis management mechanism which must also be transparent because it must be unassailable, especially before the Court of Karlsruhe."@en1
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