Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-415-000"

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"− The Ferreira report is part of the legislative package for reforming economic governance, which consists of six reports resulting from months of negotiations. Parliament has sent a clear message to everyone, and particularly to the Council. I therefore hope that this package will be definitively approved before the summer recess and, above all, applied as soon as possible, so that the European Union is not unprepared, as it was in the past, to rise to the challenges threatening its stability. In particular, I voted in favour of the Ferreira report because I believe that the emphasis on the role of the scoreboard, as an instrument for identifying possible imbalances by means of specific criteria, is an excellent basis on which to analyse the problem. In fact, I believe that the first step to be taken in preventing future economic crises is to analyse thoroughly the risk factors that may lead to budgetary imbalances, and this report duly addresses this issue. Furthermore, these criteria are common and quantifiable, so they can be assessed and compared uniformly across Europe."@en1

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