Conference of Presidents open to all Members:

Type: News   Reference: 87533   Duration: 00:04:52  Lieu: Brussels, Belgium - European Parliament
End production: 07/11/2012   First transmission: 07/11/2012
- statement by Angela MERKEL, German Chancellor

Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
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TIME DESCRIPTION DURATION
00:00:00 Title 00:00:05
00:00:05 Exterior shot of the European Parliament, Brussels, Belgium (1 shot) 00:00:05
00:00:10 Panel and several shots of the different Political group leaders (6 shots) 00:00:26
00:00:36 SOUNDBITE (English): Angela MERKEL, German Chancellor : "The current difficult crisis dominates the perception of us the European Union, also outside of Europe. So it is up to us to change the sceptical view on Europe and to catch up in global competition, through hard work internally. Therefore it is not just a great honour that the EU was awarded the Nobel Prize for Freedom this year. This important price in the middle of the most difficult crisis in Europe since the passing of the Treaty of Rome, 55 years ago, is a very valuable political signal." 00:00:43
00:01:19 SOUNDBITE (English): Angela MERKEL, German Chancellor : "A renewed economic and monetary union needs common economic policy. We can see it very clearly today, we didn't have and we don't have economic policy coordination which is binding enough so there are no possibilities in the Monetary Union to have necessary direction in nationally for strengthening competitiveness." 00:00:31
00:01:50 SOUNDBITE (English): Angela MERKEL, German Chancellor :"The lost of competitiveness in some Member states becomes a problem for all. Stronger economic policy coordination might be required in situation where key areas of National sovereignty are touched upon, I 'm thinking of sensitive areas of policy, like labour market policy or tax policy. Obviously we have to be here cautious. The subsidiary principal and National democratic procedures must be complied with; we need solutions which strike a sensible balance between new powers at EU level, rights of intervention and the usual scope of the Member States and their Parliaments and their ability to act." 00:00:49
00:02:39 SOUNDBITE (English): Angela MERKEL, German Chancellor : "I will be supporting an ambitious plan of action in December for the new EMU, there should be concrete measures for all our partners, this is important we shouldn't have a division in the EU and it is not about in doing anything against the European Parliament or the European Commission. What I'm saying is that we need the necessary interaction and in arranging this, so that it can really work in the sense of greater economic cooperation, Jacques Delors talked about." 00:00:44
00:03:23 SOUNDBITE (English): Angela MERKEL, German Chancellor : "Let's be honest, this National debt crisis lies at the heart of the crisis of confidence. And we have to very carefully rebuild that confidence. And renewing the economic and monetary Union will help EU citizens, who are represented here in the EP and I put my support behind that. I understand the concerns about divisions in an EU 27 and soon 28 and a Euro zone of 17. And I can counter that by saying that first of all the economic and monetary Union is essential for a good future of the European Union and secondly a renewed economic and monetary Union will also be open for the participation of Non Euro states. The Euro countries are not a closed club. " 00:01:19
00:04:42 SOUNDBITE (English): Angela MERKEL, German Chancellor : "Stronger democratic legitimating and control is a principle that must run through all measures that we take to deepen the economic and monetary Union and it should light the hearts of a renewed Union, only through legitimating of the Parliaments can we genuine legitimating of these measures." 00:00:02
00:04:44 Applause and cut away shots, (3 shots) 00:00:08
00:04:52 END 00:00:00
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