Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-390-000"
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"en.20121025.29.4-390-000"2
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"Mr President, I would like to start by thanking the rapporteur, Mr Jean-Paul Gauzès, and the other Members involved, including those from the associated committees, for their work on this report and the result that came out of that work.
The Commission is pleased by Parliament’s endorsement of the 2012 European Semester and the support for its growth-enhancing policies and its policies aimed at correcting macroeconomic imbalances. The Commission equally welcomes the call for Member States to strictly follow the rules set by the Stability and Growth Pact and for all parties involved to speedily agree on the Two-Pack.
At the same time, the Commission has taken careful note of the suggestions made in the report for improving the European Semester process, for example regarding the content and focus of the Annual Growth Survey priorities, including the role of the EU budget and the single market. The Commission will issue the new Annual Growth Survey at the end of November 2012, together with the alert mechanism report and Regulation (EU) No 1176/2011. Allow me to go into some more detail with regard to the positions expressed in the report in three areas.
Firstly, the report calls on the Commission to review its current approach and to issue only one recommendation to Member States in the financial assistance programme in order to bring it more into line with the Europe 2020 objectives. I would like to recall that the adjustment programmes already touch on areas covered by Europe 2020. The economic adjustment programmes include important growth-enhancing structural reforms covering the most urgent issues in the respective Member States’ economies. The Commission has deliberately decided to issue one single, country-specific recommendation for programme countries, asking them to implement the measures as laid down in the respective programmes. Therefore all efforts should concentrate on programme implementation, which covers the most urgent priorities for the countries concerned.
Secondly, the report calls on the Commission to present a framework regulation specifying the role – including timelines – of the Member States and the EU institutions at the various stages of the semester cycle. However, whether a new legislative proposal in this area is opportune can only be assessed once the results of the currently ongoing negotiations on the Two-Pack are completed and the debate on the future of EMU has sufficiently advanced.
Thirdly, the report calls for strengthening the democratic legitimacy of EU economic governance. The Commission supports the strong involvement of the European Parliament in the reinforced European Semester and the active role of the European Parliament in the new economic dialogue. The possibility for Parliament, introduced by the Six-Pack, to conduct economic dialogues with individual Member States provides an important element for a transparent process of democratic accountability in European economic governance. The Commission encourages the European Parliament to continue taking the economic dialogue forward with the other institutions and with individual Member States, as foreseen in the Six-Pack."@en1
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