Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-30-Speech-3-166-500"
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"en.20111130.16.3-166-500"2
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"We are living through a difficult period of European history. More than ever, we need responsible analysis of the Union’s responses to this crisis, because the truth is that we are today witnessing increased inequality, macroeconomic and financial imbalances, and increasingly clear divergences in competitiveness. As such, the upcoming European Council must understand the importance of increasing economic coordination, with a view to stability, growth and jobs, and to enabling more robust action by the European Central Bank. We are aware of the monetary concerns that the Union has today and of the need to protect the euro, but we cannot stop at that: we need to have an economic policy for the European Union. To begin with, we need to inject liquidity into the economy because companies are worried about finance; that is crucial if we are to halt the recession and return to growth and employment. There is also a need for the European Parliament to play a central role in terms of codecision, so that a vision of the Union based on solidarity is better able to thrive, and so that the democratic legitimacy of the decisions being taken in the present situation – in many cases by a duumvirate – increases."@en1
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