Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-276-500"
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"en.20110928.19.3-276-500"2
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This report, which forms part of the so-called economic governance package, follows the same line of thinking as the other parts. Under the pretext of giving the European Union the necessary means to prevent future crises, they reinforce the policies and orientations that are largely at the root of the current crisis.
However, because this is not easy to do, at least with the public’s consent, it seeks to strengthen the directorate that determines the fate of the EU, concentrating ever more economic and political power upon it, taking decision making away from the public and the structures closest to and controlled by them. It tightens the stranglehold on the Member States even more, in particular on the countries with the weakest economies, and on their people. These new rules strengthen the surveillance role of the Commission, increasing its interference in economic, social, budgetary and fiscal policy, in the name of avoiding excessive budgetary deficits and debt, and enabling penalties to be applied to the most vulnerable Member States.
This set of six legal texts also regulates the European Semester, which is an annual review of national budgets, provides for hearings of the finance ministers of the Member States in Parliament, and establishes a faster mechanism for penalties, including steep fines. Instead of attending to the problems of the weakest, this creates more problems for them."@en1
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