Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-220-234"

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"en.20110928.19.3-220-234"2
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"This report, drafted by Ms Wortmann-Kool, concerns the proposal for a regulation of Parliament and the Council amending Regulation (EC) No 1466/97 on the strengthening of the surveillance of budgetary positions and the surveillance and coordination of economic policies. The global economic and financial crisis has shown there to be a certain weakness at the heart of the European Union, making it necessary for us to have a complete framework of economic governance consistent with the EU strategy for growth and employment. The current economic situation is very complicated, so we need a robust and sustained response. As it has become necessary to stabilise the economic sustainability of the euro area, I voted for this report, since I believe that it establishes a set of rigorous yet realistic principles, especially the preventive coordination of all European finances and the creation of stability conditions so that the difficulties that some EU countries are undergoing at present will not be passed on to future generations; in short, the transition to true economic governance in the EU."@en1

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