Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-04-20-Speech-2-137"
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"en.20100420.7.2-137"2
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"Mr President, President of the Commission, first of all, as far as the no bail out clause is concerned, the treaty does not say that. The treaty says that a Member State cannot be forced to take on debts. The treaty does not say that it is forbidden to take on debts. This must be made clear, or else it just becomes a cacophony about the treaty. I repeat: the treaty clearly states that a Member State cannot be forced to take on debts. Therefore, everything concocted with regard to Greece involves things that are possible under the treaty and that can be enforced.
My question is slightly different. Interest rates on Greek loans have risen again to 7.6%, in other words 450 base points above the German rate. Other measures are therefore needed, and I am thinking about very significant fundamental reforms: a European Monetary Fund, a European bond market, a more ambitious 2020 strategy.
Commission President, my question is this: at what point are you considering placing a package with reforms of this kind, including the reforms that Mr Rehn has already embarked on, on the Council’s table? For this is what is needed now, to present an ambitious package of reforms alongside the specific measure for Greece."@en1
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