Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-098-000"
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"en.20120703.5.2-098-000"2
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"Mr President, I have three points to make. First of all, I would like to congratulate the President of the European Council, as well as the President of the Eurogroup and the President of the European Central Bank, for the position paper on the Economic and Monetary Union which they prepared together for this summit.
It is excellent that the position paper makes a choice for a fully-fledged banking union, a budgetary union and economic union because it shows that you are working together for a sustainable solution. That is the only way to eliminate the centrifugal force that has been putting our system under major stress for years.
Secondly, I would also like to congratulate the President of the Council – though somebody will have to pass this message on to him – on the specific results that came out of the summit. Thanks to them, this summit really was one where we won back ambition, ambition which can form the basis for winning back trust in Europe. The country-specific recommendations, the Compact for Growth and Jobs and, above all, a single supervisory framework and the decision to break the vicious circle between banking problems and national budgets give hope. Hope, Mr President, that we can now work on a road map with just as much ambition, conviction and dynamism towards genuine economic and monetary union and a strong European Union, because we need both.
Thirdly, it has struck me – as some Members have already observed – that the President of the Council is particularly interested in democratic legitimacy. I would like to thank you, Mr Van Rompuy, for the comments you have made on this score and I have nothing further to add to that. Mr Van Rompuy will now surely recognise that he has a loyal partner and a solid ally in us in order to move towards a strong Europe, sticking together, responsible inwardly and strong outwardly in order to defend our values globally."@en1
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