Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-042-000"

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"Mr President, I myself am in favour of economic discipline, but I do not think that the procedure we have adopted is the right way to achieve it. We already have a Growth and Stability Pact; it has been in existence for a long time. We also now have a ‘six-pack’, but we continue to introduce new regulations with the current crisis as a pretext, even though it is now too late to resolve it. They say that we should learn a lesson from this crisis, but Member States can also learn from it themselves. Finland, for example, suffered a severe recession in the 1990s and learnt a lot from it, and that is why the country is not in such a bad situation now as it was then. They say that there needs to be surveillance from above, but penalties imposed from above will not help. What use is a penalty to a Member State if it is already on the verge of ruin? This way, we are not rescuing the economy as a priority. There is enough regulation in place. This way, we are building a federation one step at a time, and in this case, two steps at a time. We here have already heard speeches containing visions for the subsequent steps. For my own part, I can no longer vote in favour of even one step towards a federation before we have also asked our citizens if they want one, asked that question specifically in referendums, and received a clear answer."@en1
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