Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-498-250"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-06-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20110623.37.4-498-250"2
lpv:hasSubsequent	lp_eu:2011-06-23-Speech-4-498-5002
lpv:speaker	lp:Juozas Imbrasas2
lpv:spokenAs	member; TRAN (2009-07-16--2012-01-18)3,3 member; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3,3 member; EFD (2009-07-14--2014-06-30)3,3 member; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-16--2014-06-30)3,3 unknown; Partija Tvarka ir teisingumas (2009-07-14--2014-06-30)3,3 member; Delegation for relations with the Korean Peninsula (2009-09-16--2012-02-14)3,3 member; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3,3 member; REGI (2009-07-16--2012-01-18)3,3
lpv:translated text	". I welcomed this document, because enforcement of the Regulation on macroeconomic imbalances in the euro area should be strengthened by establishing interest-bearing deposits, if a Member State has failed to comply with the recommendations and has not taken the corrective action recommended by the Council, which are converted into a yearly fine in cases of repetitive non-compliance with the recommendations to address excessive macroeconomic imbalances. These enforcement measures apply to Member States whose currency is the euro. In order to ensure equal treatment between Member States, the interest-bearing deposit and the fine should be identical for all Member States whose currency is the euro and equal to 0.1% of the gross domestic product (GDP) of the Member State concerned in the preceding year. I believe that the Commission should be given the possibility to propose to reduce the amount of the fine or cancel it in exceptional economic circumstances, and the power to adopt individual decisions for the application of the sanction provided for in this regulation should be conferred on the Council."@en1

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