Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-275-500"

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"en.20120613.24.3-275-500"2
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"This report is part of the so-called ‘two-pack’, presumably, a complement to the previous ‘six-pack’, and concludes the legislative framework of what is known as economic governance. It sets out provisions for strengthening the ‘economic and budgetary surveillance of Member States experiencing or threatened with serious difficulties with respect to their financial stability in the euro area’. What is incredible is how they admit to being in the process of transposing provisions from the recent fiscal compact to EU secondary legislation. It should be recalled that the fiscal compact still has not even been ratified and is, furthermore, a legal aberration, drafted outside the law of the EU itself, despite the fact that it encompasses the European institutions. The rapporteur believes that ‘it should be the Commission’s responsibility to take the necessary decisions, including placing a Member State under the enhanced surveillance procedure’. As with the other report in this ‘two-pack’, the intention is clear and out in the open: to bring the Member States even further under control, in such a way as to lead to the establishment of colonial style relations. Naturally, we voted against."@en1

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