Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-22-Speech-3-170-000"
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"en.20110622.16.3-170-000"2
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substitute; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2012-07-04)3
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"Mr President, I believe that the events that we have been able to follow this week, both in the Council and in those countries that are wrestling with very serious economic problems, once again show us why the package we are now debating is so important. If we do not manage to make headway on these matters, the problems are more likely to continue rather than be resolved. I also believe that it is important to remember what happened in 2005 when we ought to have taken action and demonstrated that it is not all right to contravene the common allocation clauses. We did not do that; instead we changed the rules. Now it is time to rectify this.
This package is important. I would like to say a big thank you to my fellow Members. We worked hard together. As has been said many times, we are very close to achieving the goal, but at the same time it is important that we are successful in the voting today and in July. I would also like to thank Mr Kármán from the Hungarian Presidency, who has done a splendid job. We really appreciate what he has done. As I said, I would also like to thank my fellow Members, and Mrs Ferreira in particular. We have done an excellent job in creating a macroeconomic surveillance procedure, which is something new and which complements the work that is done to keep the common currency afloat. That is something that Europe needs.
Going back to 2005, the European Parliament is still demanding that we find a solution with regard to what we refer to as reversed qualified majority voting. Why is that? It is because we have found that if we do not have an adequate automatic decision-making system in the Council, the necessary decisions do not get taken. We cannot afford for this to happen any longer. In this regard, we still have an unresolved issue, but I hope that the Council will manage to hold a serious discussion on what this is actually about. The European Council is meeting on Thursday and Friday. It must not be the case that, for reasons of prestige, no decision is taken on something that everyone knows is necessary. Nor must it be the case that certain larger Member States think that they can agree in advance on certain matters, so making it a ‘done deal’. The Council must take genuine decisions and the legislation must be decided on in consultation with the European Parliament. The Council now has the opportunity to take wise decisions, and I am sure that the European Parliament can help it to take the right ones.
With regard to the macroeconomic element, I would firstly like to emphasise that, thanks to the work that we have done in Parliament, we have a proposal that we have agreed on with the Council and one that is sufficiently transparent and also contains a solution that is sufficiently automatic. I believe that this solution means that we will also be able to feel secure in future with regard to the euro area and to the possibility of remedying the sorts of economic problems in an individual country that could otherwise result in the whole of the euro area being put at risk. I think it is good that, in our report, we establish a system for dealing with countries that fail to fulfil their commitments, in other words a requirement for the problems to be remedied directly. The first time a promise is broken, the country will be forced to pay an interest-bearing deposit, as we have called it. This is necessary. We cannot send out a signal to the effect that if a country promises to do something in particular, but then fails to do it there will be no consequences. Unfortunately, that is what the original proposal was like. I am pleased that we were able to rectify that. This is an important matter of principle. At the same time, we have also got to grips with the problem of fraud, where other countries are deceived. This is also extremely important. I think that the European Parliament has done a good job in this regard.
As several speakers have said, tomorrow’s vote is a very important one, and I believe that it will go well. I hope that, at the end of this week and through the following week, the European Council will be able to have a serious discussion about what we can do to reach an agreement. That is something that we will also do in Parliament. Then we can have the legislation that Europe so badly needs. That is crucial if we are going to be able to continue to have a common currency."@en1
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