Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-487-000"
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"en.20110623.37.4-487-000"2
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I believe the Stability and Growth Pact should be updated and fiscal policy coordination improved in order to strengthen surveillance of national budgets and ensure that Member States take ‘prudent’ decisions in good times for the economy, building up the necessary buffer for the bad times. This is the only real way of ensuring that the pattern of debt and deficit will be monitored more closely. Lastly, I welcome the proposal to set specific requirements for national fiscal frameworks, strengthening the enforcement mechanisms for the euro area Member States."@en1
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