Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-122-000"
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"en.20110928.19.3-122-000"2
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"Mr President, I voted for the economic governance reform package as we are facing a tough time and this set of measures marks a very important step in the process of consolidating macroeconomic supervision and financial discipline.
We must take on much more ambitious and tangible commitments to enable us to achieve objectives in the future, such as boosting competitiveness, promoting employment, consolidating financial stability or improving the state of public finances. The experience acquired during the first decade of the functioning of the Economic and Monetary Union has highlighted the urgent need for better economic governance, entailing both a real commitment at national level and a much sounder framework for monitoring national economic policies at EU level.
Defining a set of minimum requirements for national frameworks means that we will encourage both the assumption of budgetary responsibility and an efficient deficit procedure. Last but not least, Member States’ budget planning must be based on realistic forecasts, while focusing suitable attention on the sustainability of their social protection systems."@en1
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