Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-252-500"
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"en.20110928.19.3-252-500"2
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"−
The current economic, financial and social crisis has demonstrated that the European Union’s current economic governance model has not worked: the surveillance framework has shown itself to be very weak and the rules of the Stability and Growth Pact have not been respected.
I therefore agree with the package of measures that the Commission has submitted on economic governance, which should have a key role in the prevention of future crises and in strengthening European competitiveness and economic growth.
I am voting for Mr Haglund’s report on the application of measures to correct excessive macroeconomic imbalances, which lays down a system of sanctions for the effective correction of these imbalances. I support the increased use of automatic procedures, whereby warning and sanctions can only be blocked by the Council through a qualified majority."@en1
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