Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-06-22-Speech-3-186"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2005-06-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:Surveillance of budgetary positions and surveillance and coordination of economic policies2
dcterms:Language	"sk"^^xsd:language2
lpv:document identification number	"en.20050622.20.3-186"2
lpv:hasSubsequent	lp_eu:2005-06-22-Speech-3-1872
lpv:speaker	lp:Sergej Kozlík2
lpv:spokenAs	substitute; ECON (2004-07-21--2007-01-14)3 member; NA (2004-07-20--2009-07-13)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2004-09-15--2009-07-13)3 unknown; Hnutie za demokratické Slovensko (2004-07-20--2009-07-13)3 member; BUDG (2004-07-21--2007-01-14)3
lpv:translated text	"I would like to appear before you now to support the position of the mover, Mr Karas. I consider several of the reservations and objections from the European Council to be superficial and insufficiently thought through or justified. Due to lack of time, I would like to touch upon just two of the points contained in the Council’s comments on Article 6 paragraph 1 and Article 7 paragraph 2(a). With regard to Article 6 paragraph 1, it is clear that there is a fundamental difference between reporting and monitoring the absolute value of the surplus or deficit in public finances, and the level of overall public finance debt as a percentage of the preset basis, for example, gross domestic product, which has a substantially higher information value from the viewpoint of maintaining budgetary prudence than absolute data on the level of deficit. I therefore support the position of the European Parliament submitted by Mr Karas in this and other points. Over and above the position of the European Parliament, I would like to question the wording of Article 7 paragraph 2(a) and how it has been amended by the European Council, where the deviation from the medium-term budget targets in connection with multi-pillar pensions reform has been permitted. This may only be applied if the costs of pensions reform will demonstrably be addressed at the expense of lower final consumption or increased savings by citizens, and not the short- or medium-term coverage of pension deficits by one-off and unrepeatable receipts from privatisations, as it happens at present in several European Union countries."@en1

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