Sharon Bowles MEP urges ministers to take urgent action to tackle Eurozone crisis
By Sharon Bowles MEP
"Thank you. I welcome this roadmap outline and I hope additional detail is coherent, substantial and sustainable.
"I have run out of expressions to convey urgency to ministers and leaders but to re-use what I put to Commissioner Rehn during a debate at the IMF - 'think big and get it done!' All of it - that includes banks, backstops,Greece, firepower, flexibility, sustainability, and growth. They are all needed as the bridge to confidence.
"Everyday we see the schism that has developed between what governments will have to do and public sentiment. This is a time for leadership, for putting cause before self. The consequences of not doing so will be far more destructive to politicians if they fail to protect the fabric of our society.
"It is vital while reinforcing economic governance in the Eurozone we do not jeopardise cohesiveness of the widerUnionand the Single Market, so I endorse a strong role for the Commission, obliged to represent all sides and the whole - a theme that must be developed within community method in parallel with Eurozone integration."
ENDS