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Image header Agence Europe
Europe Daily Bulletin No. 10512
SOVEREIGN DEBT CRISIS / (ae) euro

Joseph Daul calls for freely shared sovereignty for the euro

Brussels, 08/12/2011 (Agence Europe) - “We will not allow ourselves to be hindered in our effort to rebuild the 'House of Europe' by those who refuse to move forward. But we cannot build a solid, safe house if those living in it don't feel comfortable”, said Joseph Daul, the chair of the EPP at the group's congress in Marseilles on Wednesday 7 December.

He went on: “The right path is that of governance of the euro through freely-shared sovereignty on budgetary, tax and social aspects. The right path is that of a common effort from the 27 member states, and an even bigger effort from the 17+ eurozone countries, to better manage their public finances and to help entrepreneurs create new wealth and jobs.”

On potential changes to the European Treaties, Joseph Daul said that if the Council is in favour, the European Parliament and the European Commission, guarantors of the general European interest, will actively play their role in the negotiations.

Finally, the chair of the biggest parliamentary group in Europe called for “great caution on how we plan our exit from this crisis.” “We will either succeed or divide, depending on whether our plans are inclusive - equally respecting small and bigger member states - or dictated. Depending on whether we prioritise relative strength or whether we prioritise cohesion, we will either emerge from this crisis or we will stay mired in it.” (LC/transl.fl)

Contents

SOVEREIGN DEBT CRISIS
ECONOMY-FINANCE-BUSINESS
SECTORAL POLICY
EXTERNAL ACTION