Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-065-000"

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"Mr President, let me just briefly say that I am glad that the Council again underlined the fact that sustainable growth and jobs cannot be built on deficit and excessive debt levels. That was a good statement; something that we have been working on through the ‘six-pack’ and I was also glad to hear that Mr van Rompuy referred to the ‘six-pack’ because it has actually worked. Four countries have actually taken some very important corrective action thanks to the ‘six-pack’, though it is unfortunate that Hungary has not been able to do so. Considering the ‘two-pack’ negotiations which are ongoing, I guess it would be really good if the Council would this time endorse the fact that we need more automaticity in order to have a credible ‘two-pack’ result. In the ‘six-pack’ negotiations, the Council was against this approach; we were persistent and the outcome was very good. Mr Verhofstadt has already spoken about the Redemption Fund. I only want to say that I am sure that if we do not do this, we are going to keep beefing up the so-called rescue mechanisms to the bitter end, due to market pressure. Concerning the 2020 strategy, I tend to share the slightly cynical approach taken by Mr Barroso earlier. We have to remember that despite all these good promises and decisions – for instance in the latest Council meeting – the same Council wanted to cut EUR 560 million from research and innovation in the budget of 2012. Luckily, the Parliament was able to stop this, but this just proves again that the Council does not live up to its own goals and decisions and you have much work to do in the Council."@en1
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