Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-286-500"

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"en.20120613.24.3-286-500"2
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"I supported the adoption of this report as I consider it important to improve supervision over countries suffering from financial difficulties. The rapporteur’s proposals to simplify supervisory procedures, giving the Commission a larger role in decision making, and to create a system of legal protection for Member States that are threatened by default or suspension of payments, are an important addition to the Commission’s proposals. I would point out, with regret, that Europe should have implemented these measures several years ago, as we would then have been able to avoid the problems that some countries are unfortunately experiencing. Better late than never, of course, and there is hope that with the implementation of this regulation and the European economic governance package (the package of six legislative proposals) approved by the European Parliament and Council in 2011, Europe will emerge from this economic crisis stronger than before."@en1

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