Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-10-03-Speech-3-204"
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"en.20011003.6.3-204"2
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"Mr President, Commissioner Solbes, ladies and gentlemen, at a time of particular international tension, I believe I can state that the Stability and Growth Pact is like a guarantee of our will to uphold all the restructuring plans and growth programmes that underlie the building of an economically strong, cohesive and genuinely competitive Europe. Any idea of waiving or relaxing established plans would undermine the future development of the whole of Europe.
There is now an aspect that should also be given due consideration: the massaging of budget balance data so as not to reveal any anomalies that may still persist in certain public accounts. Unfortunately, in this respect, we in Italy have had to face a sad legacy from the centre-left.
This is not the right attitude, certainly worse than that of failing to bring the economy into line with the required parameters. While the former case involves fraudulence, the latter is, it is hoped, just a momentary, temporary difficulty. Such massaging of data should be clamped down on with no half measures and penalties can be imposed where appropriate.
In the context of the Pact and the general awareness that it should be observed, it cannot be ignored that certain areas or even entire regions – southern Italy, southern Spain, southern and part of northern France, and eastern Germany – are certainly behind the rest. While the Member State as a whole must observe the pacts it has signed, it is also true that special relief measures for these areas – I refer to differential taxation, the use of unused Structural Funds for tax credits, new types of aid after 2006 for countries excluded from Objective 1 – should not only not be considered censurable but should be seen as desirable by all."@en1
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