Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-108-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-12-13"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting (8-9 December 2011) (debate)2
dcterms:Language	"pl"^^xsd:language2
lpv:document identification number	"en.20111213.5.2-108-500"2
lpv:hasSubsequent	lp_eu:2011-12-13-Speech-2-108-6252
lpv:speaker	lp:Sławomir Nitras2
lpv:spokenAs	unknown; Platforma Obywatelska (2009-07-14--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2011-09-29--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 substitute; PECH (2009-07-16--2012-01-18)3 member; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3
lpv:translated text	"The outcome of the recent European Council summit is in line with the demands repeated in this House since the beginning of the crisis and partly strengthens economic management instruments included in the so-called ‘six-pack’. None of us doubts any longer that the debt and budget deficits are a major threat to the viability of monetary union and should be subject to a closer inspection procedure at a Community level. The provisions contained in the European Council’s conclusions should be seen as a step in the right direction but are not sufficiently far reaching. These provisions will only enter into force a year from now, at the earliest, which does not correspond with the need for rapid reform of European structures. Increased automaticity of sanctions, the requirement for control of draft national budgets, strengthening of the IMF rescue programme, faster ratification of the Treaty establishing the European Stability Mechanism are pertinent ideas, and they cannot be faulted for lack of soundness in the long term. However, the source of uncertainty as to the effectiveness of the fiscal pact lies primarily in the vague legal nature of the future agreement, in particular, as regards its position in the hierarchy of Community law, and thus the extent to which the support of the European institutions can be used. Concerns have also been raised regarding the fact that the Community method of regulation has been dismissed in favour of the intergovernmental method. The European institutions made another statement to the financial markets concerning fiscal adjustment, leaving unanswered the question of differences in competitiveness across the euro area countries."@en1
lpv:unclassifiedMetadata	"ex ante"1

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