Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-22-Speech-3-224-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-06-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:Prevention and correction of macroeconomic imbalances - Implementation of excessive deficit procedure - Requirements for budgetary frameworks of Member States - Budgetary surveillance in euro area - Surveillance of budgetary positions and surveillance and coordination of economic policies - Enforcement measures to correct excessive macroeconomic imbalances in euro area (continuation of debate)2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20110622.18.3-224-000"2
lpv:hasSubsequent	lp_eu:2011-06-22-Speech-3-225-0002
lpv:speaker	lp:Theodor Dumitru Stolojan2
lpv:spokenAs	unknown; Partidul Democrat-Liberal (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Moldova Parliamentary Cooperation Committee (2009-09-16--2011-10-25)3 substitute; BUDG (2009-07-16--2012-01-18)3 member; Delegation to the EU-Turkey Joint Parliamentary Committee (2009-09-16--2011-10-25)3 substitute; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 substitute; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 member_of_the_bureau; EPP (2009-07-14--2014-06-30)3 vice-chair; ECON (2009-07-16--2012-01-18)3
lpv:translated text	". Mr President, I am going to vote tomorrow on the legislative package on European economic governance. I would also like to thank in particular the rapporteurs, the Hungarian Presidency and the Commission for their really exceptional efforts, culminating in the clarification of this legislative package. This European economic governance package must be viewed in connection with the other legislative package on the financial sector, including Europe’s financial supervision structure, which has already been adopted. I firmly believe that effective implementation of this legislation will ensure that no other Member State will ever again be exposed when faced with a future crisis. We will be able to prevent and adjust fiscal and economic imbalances, which is one of the best guarantees of economic growth and jobs. However, I must express my concern that European institutions are unwilling to acknowledge the economic reality with which we are currently faced. By this I mean that a Member State that has a debt which it can no longer pay cannot receive assistance, thereby adding a new debt to the existing one, with higher costs as well. We have learnt from experience and common sense that the solution lies in the debtor country putting its house in order, with the creditors realising that the debt to be paid needs to be arranged to match the relevant country’s real ability to pay. If we are not going to proceed in this manner, far from saving time, we will waste time and the problem will get worse."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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