Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-24-Speech-4-127-000"
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"en.20110324.22.4-127-000"2
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"Mr President, the creation of a permanent crisis management mechanism for Europe is justified in case of future economic and financial crises. No one wants crises, but they are bound to happen and we need to prepare for the worst.
It is unfortunate that the plan is to establish this crisis management mechanism outside the EU institutions. The mechanism should now be brought as close as possible to EU institutions. It is also important and a good thing that the United Kingdom and Sweden, countries outside the euro area, can participate in this mechanism.
I support the attempts to step up coordination of economic policy in Europe, and the notion that, if there are to be sanctions, the Commission will decide on them, and they will apply automatically and not become the subject of discussions or ‘horsetrading’."@en1
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