Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-03-12-Speech-3-139"
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"en.20030312.2.3-139"2
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".
Parliament is once again acting as a cog in the machine of urgent demands from the college in Brussels.
The majority in Parliament are free to desire ‘an intelligent and flexible application of the Pact in the manner proposed by the Commission’, or to support it when it arbitrarily initiates accusatory proceedings against Member States that cannot conform to a zealous interpretation of the provisions of the Stability Pact, but personally, I cannot go down that road.
Although I think that the intended adjustments made by the Commission, which recognise that the budgetary deficit has both a structural component and a component linked to the economic cycle, are indeed well founded in that they strengthen the growth element without endangering the stability element, I cannot, however, forget that this spectacular u-turn is part of a more general strategy aimed at making the Commission the economic government of the Union. It goes without saying that I cannot accept such a possibility."@en1
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