Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-05-Speech-2-080-000"
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"en.20110405.3.2-080-000"2
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"Madam President, I welcome the fact that the European Council managed to reach an agreement on certain issues that are particularly important for Europe. I would like to single out the issue of the European Semester and its importance as one of the priorities. I believe that priority should be given to the restoration of credible Member State budgets and social justice and to fiscal sustainability, and this would create the conditions for stability and for Member State economies to recover more speedily. It is very important for consolidation efforts to supplement structural reforms, particularly in implementing priorities in the European Union set out in the Europe 2020 Strategy. A particularly important role should also be played by the Commission, which should monitor Member States’ actions very responsibly and follow the implementation of specific measures in accordance with national stability and convergence programmes. Furthermore, significant concern remains as regards the attitude of the European Central Bank, the Council and the European Commission to the situation faced by commercial banks, as well as the actions of foreign rating agencies."@en1
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