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Verbatim report of proceedings
Wednesday, 4 July 2012 - Strasbourg OJ edition

Explanations of vote
MPphoto
 

Text tabled : B7-0407/2012, B7-0408/2012, B7-0409/2012, B7-0410/2012

  Ewald Stadler (NI).(DE) Mr President, I have rejected all of the motions for resolutions, except the one tabled by the Europe of Freedom and Democracy Group, which I supported. I would like to explain why I did this, further to the comments I made yesterday regarding the Council document.

Let me reiterate: with all of these proposals, which I already criticised yesterday, this gang of four is attempting to use the crisis in Europe to establish a European superstate by the back door. However, this Council meeting was the 19th meeting of cluelessness. I come now to further proof that this European Union is simply a fair weather programme and it cannot cope with crises: the proof is this proposal for banking supervision. Why should banking supervision work when the supervision of the Member States by the European Union in respect of compliance with the Maastricht criteria is already not working? Who would share this optimism? In other words, the next failure is already on the cards. All of this is intended to serve to ensure that in future, circumventing the Treaty establishing the ESM, the banks will be financed directly. We only need to consider the fact that, during the current ratification procedure, the Council itself is already breaking the rules with its own proposals for direct financing of the banks. That is outrageous.

 
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