Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-14-Speech-1-152"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-06-14"^^xsd:date2
dcterms:Is Part Of	lp_eu:Adoption by Estonia of the euro on 1 January 2011 (debate)2
dcterms:Language	"lv"^^xsd:language2
lpv:document identification number	"en.20100614.23.1-152"2
lpv:hasSubsequent	lp_eu:2010-06-14-Speech-1-1532
lpv:speaker	lp:Krišjānis Kariņš2
lpv:spokenAs	substitute; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 unknown; Jaunais laiks (2009-07-14--2013-03-24)3 member; ITRE (2009-07-16--2012-01-18)3 member; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 member; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 member_of_the_bureau; EPP (2009-07-14--2014-06-30)3 substitute; ECON (2009-07-16--2012-01-18)3
lpv:translated text	"Madam President, when it comes to football, we fans expect things to happen logically. We expect the team with the best discipline and the greatest commitment to win the World Cup. This sort of logic should also be applied in the event of euro area enlargement. Budget discipline and the implementation of reforms must be rewarded by admission to the euro area. During the world economic upswing from 2005 to 2008, the majority of European states spent a good deal more money than they could afford; they lived beyond their means. They prepared the ground, in fact, for today’s euro crisis. During this time, while others were spending money, our friends in Estonia were somewhat cannier – they were storing up budget surpluses. It is thanks to these surpluses and their budget discipline that the steep economic downturn that they experienced also in 2009 did not bring Estonia to the verge of bankruptcy. Instead, by observing strict discipline, Estonia meets all the Maastricht criteria and it should be admitted to the euro area. The introduction of the euro in Estonia would be good news on three fronts. First, it would be a very important and powerful signal internationally that, in spite of all the difficulties, the euro area continues to expand. Second, it would be a positive signal to all of the Baltic States and the Baltic region that the Baltic States and the region are stable and capable of following pragmatic policies. Third, it would be a very important signal to Latvia and the other euro candidate countries that abiding by the Maastricht criteria will be crowned and rewarded with admission to the euro area. At this time in Europe, the Member States must put their budgets in order, so that their populations and the financial markets can regain their faith in the euro area. To my mind, the admission of Estonia to the euro area will serve as a good example to the governments and societies of other countries of the fact that budget discipline is possible even in very hard times. Thank you for your attention."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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