Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-394-250"

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"en.20111201.35.4-394-250"2
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"I support this resolution because I think that coordination of economic policies is particularly important to the euro area’s operation, and this resolution contains a number of very useful recommendations for improving the European Semester. I think that the coordination process needs to have broader democratic legitimacy. For this to happen, the European Parliament and national parliaments need to be more actively involved. I am pleased that the rapporteur abandoned the notion of setting up a special parliamentary committee made up only of MEPs from the countries in the euro area, as such an initiative would have led to a split in Parliament, exerting an adverse impact on its operation. Such a measure is especially difficult to understand as most Member States which are not part of the euro area at the moment, including Romania, would like to adopt the single currency in the future. This means that all the Members of this Parliament have an interest in making the euro area operate efficiently. Last but not least, as is also recommended in this report, I feel it is absolutely essential that Member States’ economic policies attach major importance to economic growth as, in the current climate of austerity, we greatly need policies which will bring us back to the path of economic growth and put an end to austerity."@en1

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