Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-477-500"

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"− We can take two important lessons from the recent crisis: the need for sustainable public finances, and the urgent need to work towards increased coordination of economic policy between the Member States, with an emphasis on prevention. This report is on those exact points. I would immediately stress the importance of including the European Semester in this legislative text, so as to gradually provide an effective platform for joint political discussion of the budgetary policies adopted by all the Member States, which will favour a robust and balanced economic union. I would stress the crucial importance of EU Member States’ public finances being in order, as well as the need to adopt increasingly responsible economic policies that ensure stability and growth. We need to be responsible. We need to adopt policies that save money, principally when times are good, so that we might have means of defending ourselves when times are harder. I consider this report crucial if we, as a Union, are to achieve increasingly greater coordination and prevention. Finally, I should like to thank Mrs Wortmann-Kool, a colleague from my group, for her exemplary work whilst negotiating and concluding this package."@en1

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