Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-06-23-Speech-4-156"
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"en.20050623.30.4-156"2
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".
Not only is the Council’s refusal to take into account any of the amendments proposed by the European Parliament a cavalier action, it also goes against the spirit of the reform of the Stability and Growth Pact. Indeed, the balanced result achieved by the Luxembourg Presidency makes the procedure for excessive deficits more flexible, but at the same time includes increased surveillance of budgetary positions, with the simple, but sensible and honest, idea that we need to save during good times in order to face the lean times. Only, the affirmation of this principle must be translated into reality in these texts. There is the rub!
Following the unanimous agreement of the Council, certain Member States seem to be breaking their word and to be trying to go back on the particular attention that should now be given to public debt.
It is an appalling signal to give in these troubled times. The stability of the euro will suffer from it. Under these circumstances, the rapporteur proposes nothing less than re-specifying the commitment made with regard to public debt. I can only support him in that, even though I hold nothing against the Presidency, which is irreproachable in this matter."@en1
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