Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-250-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-09-28"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lv"^^xsd:language2
lpv:document identification number	"en.20110928.19.3-250-000"2
lpv:hasSubsequent	lp_eu:2011-09-28-Speech-3-251-0002
lpv:speaker	lp:Inese Vaidere2
lpv:spokenAs	substitute; INTA (2009-07-16--2012-01-18)3 substitute; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 member; AFET (2009-07-16--2012-01-18)3 unknown; Pilsoniskā Savienība (2009-07-14--2012-07-03)3 member; DROI (2009-07-16--2012-01-18)3 member; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2009-09-16--2014-06-30)3 member_of_the_bureau; EPP (2009-07-24--2014-06-30)3
lpv:translated text	"Along with the report on implementation of the excessive deficit procedure, the report on budgetary surveillance in the euro area supplements the economic governance package with several significant requirements. The Stability and Growth Pact provides that correction and observance of the medium-term budgetary objective should be ensured through an obligation to lodge an interest-bearing deposit temporarily imposed on a Member State whose currency is the euro and which is making insufficient progress with budgetary consolidation. The case of Greece shows that falsification of the financial statistics of one state can have disastrous consequences all over the European Union. Therefore, it is vitally necessary to improve both statistical data gathering and verification of the submitted information without delay, and to introduce serious sanctions on the offending Member States. The report on budgetary surveillance in the euro area provides for the imposition of exactly this kind of fine on Member States, namely for falsifying statistics or submitting incorrect information as a result of gross negligence. The fine to be imposed would be up to 0.2% of the GDP of the relevant Member State. In spite of my sceptical view of the requirement for the Commission to prepare proposals on the creation of Eurobonds, I consider that approval of the requirements I have referred to would be expedient."@en1

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