Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-30-Speech-3-074-000"

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"Madam President, first of all please allow me to describe the future and define what I wish to say on the basis of the general economic situation, which determines my scope. I am very pleased that the Council has finally defined the priorities in connection with which fast steps must be taken. However, this is where we stopped. Somehow these fast steps were not taken. Much greater attention should be paid to aspects that encourage the growth of European policies. We need to do this in order to be able to maximise the EU’s contribution to its economic development. In this situation there is no doubt that Member States’ budgetary consolidation is of outstanding importance, as is the reduction of debt. If we fail to do this the problems of the European Union will be re-created again and again, giving further cause for concern. At the meetings of the European Council, you outline large-scale ideas and long-term plans in every case. Unfortunately in the short term these initiatives have no calming effect on the markets at all. In fact, they achieve the opposite effect. As a result of the negative feedback and incorrect statements it is becoming increasingly more expensive to finance the Member States. As I see it, much more determined action is required in the interest of realising the concrete objectives. In the interest of this it is of vital importance to harmonise the measures taken by the Member States and your plans. However, this requires credibility and determination. Determination and action. Commissioner, I have looked for this determination. I have looked for it very much in your speech."@en1
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