Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-22-Speech-3-186-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-06-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:Prevention and correction of macroeconomic imbalances - Implementation of excessive deficit procedure - Requirements for budgetary frameworks of Member States - Budgetary surveillance in euro area - Surveillance of budgetary positions and surveillance and coordination of economic policies - Enforcement measures to correct excessive macroeconomic imbalances in euro area (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20110622.16.3-186-000"2
lpv:hasSubsequent	lp_eu:2011-06-22-Speech-3-187-0002
lpv:speaker	lp:Kay Swinburne2
lpv:spoken text	"Mr President, I find myself in a difficult position in this debate as I believe that strong fiscal rules are necessary for a strong currency and a strong economy. This, I believe, was the fundamental reason why my country did not join the euro. Monetary union was always going to be difficult without significant steps towards economic union and it is this latter requirement which means I do not think the UK will ever join the euro. For my political group here in Parliament, national sovereignty over decisions on economic policy is a fundamental principle. If all six of these reports and their rules only apply to the euro zone, we would be able to more actively support the Euro Group in their decision to strengthen the principles that underpin their monetary union. If all the Member States who use the euro want to strengthen and deepen the coordination of their economic policies, then that should be their decision. The UK and other non-euro-zone countries want to be good neighbours. However, attempts to bind those of us outside the euro zone with targets and processes designed to harmonise economic policy are unacceptable. I do not wish to see the euro zone in prolonged difficulty, but the ECR cannot support EU legislation that transfers any further powers away from national governments who are currently outside of that euro zone. All Member States will hopefully have learned the lessons of the crisis, namely that a balanced budget and strong fiscal discipline are rewarded by lower funding costs in the financial markets, and that honesty in statistical reporting is essential for continued market confidence. Fundamentally, a strong euro zone and the euro as a global currency are in all of our interests. New rules need to ensure it is made stronger and more sustainable."@en1
lpv:spokenAs	member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2012-03-27)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the Palestinian Legislative Council (2009-10-19--2014-06-30)3 unknown; Conservative Party (2009-07-14--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 member; PECH (2009-07-14--2014-06-30)3
lpv:unclassifiedMetadata	"Kay Swinburne (ECR ). -"1
lpv:videoURI	<go to Events_and_structure europarl>2

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