Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-01-18-Speech-3-150-968"
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"en.20120118.19.3-150-968"2
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"I voted for this motion for a resolution because I believe that the current draft fiscal stability agreement needs to be improved. The legal status of the agreement within the framework of the existing system of EU law must be clearly defined. It is important to ensure that this agreement does not conflict with the EU Treaties, and it must be incorporated within the EU Treaties as quickly as possible, thus maintaining EU unity. Parallel institutions should not be created that might give rise to competition between the EU-27 and the Member States that will be parties to this intergovernmental agreement. In view of the fact that many EU Member States, when joining the EU, undertook to introduce the euro and have not yet done so, an opportunity should be provided for these states to choose when the agreement shall be binding upon them, either after they have fully joined the euro area or earlier. In implementing the European Commission’s proposals for eliminating excessive budget deficits the principle of a voluntary commitment to comply with them should be retained, and support for them should not be mandatory. Similarly, an accurate explanation is needed of the qualified majority of votes required to reject the Commission’s proposals."@en1
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