Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-214"

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"en.20100706.24.2-214"2
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"The European Union has learnt a lesson from Greece’s experience. The Commission’s initiative on regulating and giving new powers to Eurostat will prevent similar situations from occurring in future. For this reason, I think that the Commission’s proposals, amended by Parliament, must be implemented as quickly as possible so that immediate action can be taken where false reporting of statistical data by any Member State is suspected. The European Union cannot afford to put its credibility or position on the financial markets at stake because it is perceived as a whole and the blame is shared, even if it is the fault of just a single state. The notion of turning Eurostat into an audit institution was rejected five years ago. There is not even any point in us thinking along the lines of ‘what would have happened if’. However, what is relevant is that the proposal now has every chance of being implemented. Accurate, credible statistical data is a prerequisite for the Economic and Monetary Union to operate properly. In fact, reviewing Eurostat’s functions can only but increase the level of trust among European Union Member States and even strengthen their credibility."@en1

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