Maastricht Framework For European Monetary Union
EDM number 716 in 1995-96, proposed by Ken Livingstone on 02/04/1996.
That this House notes that European Monetary Union under the terms of the Maastricht Treaty will not bring together the peoples of Europe but will worsen the EU's already unacceptable levels of unemployment, continue the pressure on governments to undermine welfare provision to meet Maastricht's convergence criteria imposed through sanctions including fines, transfer key areas of economic decision-making from elected parliaments to unelected central banks within each member state and to the European Central Bank and deepen the EU's international system of discrimination against immigrants and asylum seekers; further notes that the events in France in 1995, including the inability of member states to maintain unrealistic exchange rates against the German D-Mark in the ERM, show that the peoples of Europe will not accept a framework for European integration which puts price stability before economic growth, employment and decent levels of welfare provision and that the proposal to circumvent this popular sentiment by removing key instruments of economic policy from the realm of democratic accountability will make the expression of popular opposition to unemployment and the dismantling of aspects of the welfare state more explosive; and therefore believes that the Maastricht Treaty's terms and timetable for EMU must be rejected in favour of alternative policies which put economic growth, full employment, civilised levels of welfare provision, real economic convergence in terms of investment and productivity, and relations of solidarity with the peoples of the developing world at the centre of national and European economic policy.
This motion has been signed by a total of 4 MPs.
MP | Date | Constituency | Party | Type |
---|---|---|---|---|
Ken Livingstone | 02/04/1996 | Brent East | Proposed | |
Lynne Jones | 03/04/1996 | Birmingham, Selly Oak | Signed | |
Norman Godman | 03/04/1996 | Greenock and Port Glasgow | Signed | |
Harry Barnes | 03/04/1996 | North East Derbyshire | Signed |
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