Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-05-Speech-2-095-000"
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"en.20110405.3.2-095-000"2
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"The European Council that took place on 24-25 March made a number of decisions which I believe to be important and which could not be put off any longer. I think that the most important decision in connection with European economic policy is the Euro Plus Pact, which provides a common agenda and common objectives. The four main objectives are: promoting competitiveness, promoting employment, increasing the sustainability of public sector funding and restoring financial stability. As a result of this pact, several other Member States have joined the euro area; for example, Latvia, Lithuania, Poland, Denmark, Romania and Bulgaria. I think that it is extremely important at the present time to reach common agreements involving the application of equal rules as well as common mechanisms for achieving the desired objectives. I especially want to recognise those Member States who are not members of the euro area but who have still joined this pact. It is to be hoped that the application of common rules will be accompanied by the harmonisation of national perceptions, and this particularly relates to the sustainability of public sector funding with a view to preventing the situations that engulfed Greece and Ireland from arising in the future. At the same time, we cannot just stop at these decisions, as they will only provide short-term results. It is necessary to develop solutions for making future investments, whether through eurobonds or through other solutions. Thank you."@en1
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