Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-016"

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"en.20101020.3.3-016"2
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"There is no doubt that the European Union was exemplary in the way it chose to proceed with the regulatory and supervision measures. This is reflected in the new supervision package which allows for certain systematic risks to be identified and for this to be done in a timely manner. On the other hand, when it comes to the concept of economic governance, nobody can deny that there is still a long way to go. Any Member State that ignores its obligations and responsibilities, particularly with respect to the Growth and Stability Pact, creates serious problems for other Member States. Therefore, we are obliged to do our utmost to encourage serious observation of the rules that were agreed upon so as to guarantee stability within the Member States, both financially and physically. I am very satisfied with the opinion recommendations I put forward to the Employment Committee and pleased that these have been taken into consideration. I believe that the report has made a case for better job surveillance in the European Union, and for the strengthening of the Employment Committee."@en1
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