Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-220-175"

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"en.20110928.19.3-220-175"2
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"This report forms one of the six proposals for legislation by Parliament and the Council on the prevention and correction of macroeconomic imbalances within the Stability and Growth Pact (SGP). It is worth highlighting the importance that the report ascribes to the criteria set out in the SGP and the need for their incorporation in the Member States’ jurisdictions, whilst ensuring that the Member States take these criteria into account in their annual deficit and public debt estimates. I am voting for this report, as I believe it forms part of a necessary plan for restructuring the effectiveness and rigour of European economic policy, and adds value to the entire legislative pact at issue. I believe good economic governance is achieved with better political coordination through a strengthened surveillance framework that ensures the national transposition of Union legislation. However, I am bound to criticise the fact that the proposals made by the Commission on 15 September 2010 have only received the Council’s assent over a year later."@en1

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