Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-443-000"

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"Mr President, I shall not waste too much time describing the decision and procedures undertaken by the Argentine Government in its expropriation of YPF-Repsol. As I said yesterday, however, arbitrariness, legal uncertainty and illegitimacy are some of the terms that this decision merits. We are therefore facing a violation of rights and principles, appalling political and economic practice, and a worrying precedent, which means that this incident affects all Europeans. This is not, therefore, a dispute merely between Spain and Argentina. That is why today, on behalf of the Group of the European People’s Party (Christian Democrats), I would like to stress what Europeans – the European institutions – can do, as well as why, what for and how, when this kind of decision is taken, which weakens the principles and, undoubtedly, the freedoms I have just mentioned, with the aim being that this type of action is never repeated. Allow me to express two ideas. The first is that in times and situations of crisis such as we are currently experiencing, the weaknesses of everyone, national governments and national institutions of the different countries, both inside and outside the EU, tend to increase; this is a reminder that the EU’s strength is its reason for being, and that the best instrument with which to alleviate the difficulties and weaknesses of the Member States should be the Union’s strength. That is the EU’s main purpose. My second idea is this: the crisis involves us all and is present in every European country; although it might appear momentarily that it is settling in one country or another, it is, in fact, our very model that is in crisis and, if it is not resolved, that crisis spreads slowly, gradually and systematically throughout all the countries. That is why one of the deep-rooted causes of this crisis is the EU’s lack of political ambition, and therefore the different manifestations of the crisis at hand should serve as opportunities so that the European voice can be clearly heard when this kind of injustice endangers the investments and future of the European institutions. I therefore welcome the determination shown by Mr Wammen, Mr Tajani, Baroness Ashton and Mr Barroso, who have proven that they are examining measures with which to tackle this situation. The more planned, strategic and organised measures we adopt, the greater and better our response will be to this crisis."@en1
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