Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-23-Speech-3-064-000"
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"en.20110323.15.3-064-000"2
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".
The Brok/Gualtieri report explicitly states that the Council – and thus the Member States – have failed to implement the Stability and Growth Pact fully and that ways of stabilising the Pact that exist in the treaties have not been exploited. Moreover, with this report Parliament gives its backing to the European Commission and unreservedly supports its ‘intention to ensure consistency between the future mechanism and the Union’s economic governance’ in order to prevent any future crisis like the one we have at present. As early as paragraph 3 of the report it is established that the European Parliament sees the stability mechanism as ‘part of a global package of measures which are designed to define a new framework, reinforcing budgetary discipline and coordination of economic and financial policies of the Member States’. I share this view of many of my fellow Members."@en1
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