Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-15-Speech-4-245-257"
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"en.20111215.23.4-245-257"2
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"The economic governance package includes the new mechanism for detecting and correcting possible macroeconomic imbalances in the European Union, particularly in the euro area. The economic governance package also includes a declaration by the Commission, in which it commits to controlling and monitoring countries with deficits and those with surpluses on an equal basis. Indeed, as Parliament argued when the package was adopted, it is important to monitor the situation of all the Member States on an equal basis, as they are so closely interlinked that potential deviations in certain Member States could originate with measures implemented in another Member State. Thus, in order to ensure the problems and the solutions to be implemented are correctly identified, a macroeconomic framework is essential for the whole Union. Finally, and owing to the extreme importance of this new mechanism, Parliament urges the Commission to further develop the scoreboard and to make some of the indicators more explicit, so as to ensure it is implemented in a transparent way."@en1
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