Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-440-000"

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"en.20110623.37.4-440-000"2
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"− This proposal concerns the speeding up and clarification of the implementation of the excessive deficit procedure. We believe that the enforcement of budgetary surveillance should always be subject to overarching objectives of the EU, and in particular to the requirements related to the promotion of a high level of employment, the guarantee of adequate social protection and the fight against social exclusion. In monitoring compliance with the rules on budgetary discipline, consideration should also be given to social downturns which may have an impact on the financial position of governments. We also maintain that Member States implementing structural reforms which contribute to job preservation or creation and to reduction of poverty should be given the opportunity to deviate from their respective medium-term budgetary objectives. Lastly, we believe that strengthening economic governance should go hand in hand with reinforcing the democratic legitimacy of European governance, and that the role of the European Parliament should be strengthened in the whole surveillance process. In addition, regular consultation of the social partners and a stronger involvement of national parliaments are necessary preconditions of a credible and transparent surveillance framework."@en1

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