Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-30-Speech-3-079-000"
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"en.20111130.14.3-079-000"2
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"... and the financial institutions are losing patience. So far, important decisions have constantly been promised, but when made they have turned out to be limited, fragmentary and overdue. This kind of response does not lend credibility to further decisions which are made or announced. The eyes of many of us have been turned on France and Germany. Their leaders have met very often, but these meetings have not produced concrete proposals. We understand their situation, which is caused by the fact that elections are soon to be held in these countries. In this case, the President of the European Council Mr Van Rompuy should begin to play a more prominent role and come up with specific proposals. From his statements it can be seen that he has good ideas concerning the Union’s future economic governance.
Economic coordination should begin by initiating a system for monitoring national budgets at EU level. The evaluation of national budgets and comments made on them would be useful to all Member States, including those just mentioned. Monitoring a Member State’s budget does not amount to an attack on national sovereignty. Sovereignty is compromised by living on credit and staying in debt."@en1
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