Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-23-Speech-3-048"
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"en.20100623.9.3-048"2
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"Mr President, Mr Van Rompuy, it is often said that necessity knows no law. Faced with the crisis, one obvious fact, rather, one necessity has become inevitable, that of innovating and being creative. In this respect, I am delighted with the step taken by the European Council, a step that I hope will eventually be a leap towards true economic governance because, let us not be mistaken, economic policy coordination alone will not be enough.
Let us succeed in creating a genuine budgetary federation, not forced by circumstances, but because we have chosen it ourselves.
Let us return to the Council’s decisions, which I welcome nonetheless. The strengthening of the preventative arm of the Stability and Growth Pact is an excellent thing, but there cannot be true budgetary discipline without sanctions for those who depart from the rules. These penalties have been strengthened but not yet clarified, and this is regrettable.
Otherwise, I would like to express my satisfaction, among other things, with the guidelines decided on, such as the famous scoreboard for the evaluation of competitiveness, because this is what it is about: reviving competitiveness and sustainable growth for all.
Once again, let us pay tribute to the plans to introduce a bank tax, the acceptance of a tax on financial transactions and the acceleration of the reform of financial regulations.
Mr Van Rompuy, a few months ago, even a few weeks ago, all these decisions and guidelines appeared unrealistic, illusory or even hypothetical. You are right, it is true, there is a radical change in culture, in terms of the policy of incremental European steps. That said, in October, the Member States absolutely must implement these guidelines in practice. Whether the step taken is a historic leap or simply a pious hope, which we will all regret bitterly and which a majority – the citizens – in particular, will have to suffer on a daily basis, is now up to the Council."@en1
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