Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-15-Speech-4-245-253"
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"en.20111215.23.4-245-253"2
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"The current economic and financial crisis has forced the EU to examine national accounts in detail to trace the origin of the macroeconomic imbalances. On 16 November 2011, Regulation (EU) No 1176/2011 of the European Parliament and the Council on the prevention and correction of macroeconomic imbalances was adopted, as part of a series of regulations on economic governance. This motion for a resolution follows the question for oral answer, pursuant to Rule 115(5) of the Rules of Procedure, and is based on the Commission services working paper entitled ‘Scoreboard for the surveillance of macroeconomic imbalances: envisaged initial design’. In order to prevent certain Member States from experiencing further financial slippages which could lead to a new crisis, and in line with the proposals of the ‘six pack’, there will be ‘macroeconomic surveillance’, with a focus on countries with current account deficits and surpluses. I am therefore voting for this motion for a resolution, since I believe there should be greater rigour in the management of public money, so that the markets – particularly the financial markets – will regain the confidence that they have lost, and the EU will eventually be able to take up a position of leadership in terms of economic growth and job creation, thus working towards the goals outlined in the Europe 2020 strategy."@en1
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