Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-258-000"
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"en.20110928.19.3-258-000"2
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".
At present, defending the European Union is to call for more economic and budgetary governance and to advocate the sacred Union. The Haglund report adopted today by 395 votes to 64, with 201 abstentions coming mainly from the parties on the left, shows the latter’s aversion to discipline and sanctions, because that is what this regulation is about, by seeking to provide solutions to the excessive macroeconomic imbalances in the euro area.
Indeed, the European Parliament has wisely decided to include flexible sanctions, should the Member States fail to comply with the recommendations of the Commission and Council on the main economic aggregates that are income, investment, consumption, unemployment and inflation.
For my part, I welcome this sweeping reform of the governance framework, based on the Community method, which goes well beyond traditional budgetary surveillance, and which grants more independence to the Commission in monitoring the economic policies of the Member States. Only if the 27 macroeconomic policies are coherent and if fiscal and social competition is reduced, will the European Union be able to get back on the road to sustainable growth and employment."@en1
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